Medical Facilities (OTCMKTS:MFCSF) Stock price crosses above the 50-day moving average of $6.61

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Medical Facilities Co. (OTCMKTS:MFCSF – Get Rating) stock price rose above its 50-day moving average during Tuesday’s trading. The stock has a 50-day moving average of $6.61 and is trading as low as $7.53. Medical facilities shares last traded at $7.53, with a volume of 100 shares traded.

Analyst upgrades and downgrades

Several brokerages have published reports on MFCSF. Royal Bank of Canada lowered its price target on medical facilities from CA$12.00 to CA$11.00 in a report released Monday, May 16. National Bank Financial downgraded the medical facilities rating from an “outperform” rating to an “sector performance” rating in a report released Friday, May 13.

Medical facilities trade up 0.5%

The company has a 50-day moving average price of $6.61 and a two-hundred-day moving average price of $7.65.

Medical facilities cut their dividend

The company also recently declared a dividend, which was paid on Friday, July 15. Investors of record on Thursday, June 30 received a dividend of $0.0623 per share. The ex-dividend date was Wednesday, June 29. This represents a return of 3.97%.

Medical Facilities Company Profile

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Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals and an outpatient surgery center in the United States. The Company’s specialty surgical hospitals provide surgical, imaging, diagnostic and other pain management procedures; and other ancillary services, such as emergency care and occupational health.

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