Medical Facilities (TSE:DR) Sets New 1-Year High – Still a Buy?

Medical Facilities Co. (TSE:DR) shares hit a new 52-week high on Friday . The stock traded as high as C$18.66 and last traded at C$18.56, with a volume of 62383 shares trading hands. The stock had previously closed at C$17.93.

Medical Facilities Trading Up 3.6%

The company has a market capitalization of C$326.08 million, a price-to-earnings ratio of 9.58, a P/E/G ratio of 3.81 and a beta of 0.57. The company has a quick ratio of 1.51, a current ratio of 2.08 and a debt-to-equity ratio of 59.09. The company’s 50 day simple moving average is C$17.04 and its two-hundred day simple moving average is C$16.38.

Medical Facilities (TSE:DR) last announced its earnings results on Thursday, May 7th. The company reported C$1.42 earnings per share for the quarter. The company had revenue of C$93.30 million during the quarter. Medical Facilities had a net margin of 8.51% and a return on equity of 31.06%. As a group, research analysts anticipate that Medical Facilities Co. will post 1.2376837 earnings per share for the current fiscal year.

About Medical Facilities

Medical Facilities Corp owns a diverse portfolio of surgical facilities in the United States. Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers. The hospitals offer a range of non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services. Its key revenue source is from the facility service income. The corporation’s operations are based in the United States.