Medical Facilities Corporation (DR:CA) Declines 7.01%

Medical Facilities Corporation (DR:CA) Declines 7.01%

It was a tough day for Medical Facilities Corporation (DR:CA) as its stock fell 7.01% to finish the day at $4.64 a share on November 11. That reduces the company’s market cap to 144.33 million on 31.06 million outstanding shares. Medical Facilities Corporation is a component of the the S&P/TSX SmallCap Index.

587,443 shares exchanged hands over the course of the day as compared with an average daily volume of n/a over the last 30 days.

Medical Facilities Corp was formed on 12 Jan 2004. The Company owns indirect controlling interests in six limited liability entities -Black Hills Surgical Hospital, LLP, Sioux Falls Specialty Hospital, LLP, Dakota Plains Surgical Center, LLP, Oklahoma Spine Hospital, LLC, The Surgery Center of Newport Coast, LLC & Arkansas Surgical Hospital, L.L.C. Each of these entities owns a specialty hospital or an ambulatory surgery center located in the United States.. Medical Facilities Corporation makes its home in Toronto, ON, and currently has CEO Britt T. Reynolds at the helm.

The past 52 weeks have seen the stock trade in a range between a high of $17.64 and a low of $4.91, and it’s currently sporting a 50-day SMA of $n/a and a 200-day SMA of $n/a. The current P/E ratio stands at n/a, with a P/B ratio of 0.98.

Medical Facilities Corporation ($DR:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.

Share:
error: Content is protected !!