Medical Facilities (TSE:DR) Hits New 1-Year High – Time to Buy?

Medical Facilities Co. (TSE:DR) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$17.15 and last traded at C$17.28, with a volume of 33949 shares traded. The stock had previously closed at C$16.87.

Medical Facilities Trading Up 1.1%

The firm has a 50-day moving average of C$16.68 and a 200-day moving average of C$15.69. The company has a debt-to-equity ratio of 77.98, a quick ratio of 1.51 and a current ratio of 1.79. The firm has a market capitalization of C$299.97 million, a P/E ratio of 15.65, a price-to-earnings-growth ratio of 3.81 and a beta of 0.56.

Medical Facilities (TSE:DR) last posted its quarterly earnings results on Thursday, March 12th. The company reported C$0.21 earnings per share (EPS) for the quarter. Medical Facilities had a return on equity of 27.57% and a net margin of 6.83%.The business had revenue of C$7.95 million for the quarter. On average, equities research analysts anticipate that Medical Facilities Co. will post 1.2376837 EPS 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.