Medical Facilities (OTCMKTS:MFCSF) Stock Passes Below Fifty Day Moving Average – Here’s Why

Shares of Medical Facilities Co. (OTCMKTS:MFCSFGet Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.93 and traded as low as $10.52. Medical Facilities shares last traded at $10.52, with a volume of 100 shares changing hands.

Medical Facilities Stock Up 4.4 %

The company has a 50 day moving average price of $10.95 and a 200 day moving average price of $10.29.

Medical Facilities Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be paid a $0.0628 dividend. This represents a dividend yield of 2.34%. The ex-dividend date is Tuesday, December 31st. Medical Facilities’s dividend payout ratio (DPR) is 110.58%.

About Medical Facilities

(Get Free Report)

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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