Shares of Medical Facilities Co. (OTCMKTS:MFCSF – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.43 and traded as low as $10.24. Medical Facilities shares last traded at $10.24, with a volume of 3,304 shares changing hands.
Medical Facilities Stock Up 2.9%
The firm’s fifty day moving average is $10.43 and its 200-day moving average is $10.89.
Medical Facilities Cuts Dividend
The company also recently announced a dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, October 1st were issued a $0.0654 dividend. The ex-dividend date was Tuesday, September 30th. This represents a yield of 245.0%. Medical Facilities’s payout ratio is presently 110.58%.
About Medical Facilities
Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. The company’s specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as primary and urgent care; and ambulatory surgery centers offers scheduled outpatient surgical procedures.
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