Mediclinic International (LON:MDC) Shares Pass Above 50-Day Moving Average – Here’s Why

Mediclinic International plc (LON:MDC)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 501 ($6.70) and traded as high as GBX 501 ($6.70). Mediclinic International shares last traded at GBX 501 ($6.70), with a volume of 925,841 shares.

Mediclinic International Trading Up 0.1 %

The business has a 50 day moving average of GBX 501 and a 200 day moving average of GBX 501. The firm has a market capitalization of £3.69 billion, a price-to-earnings ratio of 2,178.26 and a beta of 0.42. The company has a debt-to-equity ratio of 78.38, a current ratio of 1.49 and a quick ratio of 1.38.

Mediclinic International Company Profile

Mediclinic International plc, together with its subsidiaries, operates private hospitals. The company offers specialist-orientated and multidisciplinary healthcare services under the Mediclinic and Hirslanden brand names. It operates 74 hospitals, 20 day case clinics, 22 outpatient clinics, 5 subacute hospitals, 2 mental health facilities, and 453 theatres with approximately 11,538 inpatient beds in Switzerland, South Africa, Namibia, the Middle East, and the United Kingdom.