David Nathaniel Tait Watson Sells 7,800 Shares of Medical Facilities Co. (TSE:DR) Stock

Medical Facilities Co. (TSE:DR) Senior Officer David Nathaniel Tait Watson sold 7,800 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of C$16.31, for a total transaction of C$127,218.00. Following the completion of the sale, the insider now owns 100 shares in the company, valued at C$1,631. This represents a 98.73 % decrease in their ownership of the stock.

Medical Facilities Stock Performance

DR opened at C$15.67 on Friday. The company has a market cap of C$376.86 million, a P/E ratio of 14.25, a price-to-earnings-growth ratio of 3.81 and a beta of 0.47. The company has a quick ratio of 1.51, a current ratio of 1.15 and a debt-to-equity ratio of 86.99. The firm’s 50-day moving average price is C$15.24 and its 200-day moving average price is C$14.01. Medical Facilities Co. has a 52-week low of C$8.68 and a 52-week high of C$16.70.

Analysts Set New Price Targets

Separately, Leede Financial cut shares of Medical Facilities from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th.

Medical Facilities Company Profile

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.