Medical Facilities (OTCMKTS:MFCSF) Stock Crosses Above 50 Day Moving Average – What’s Next?

Medical Facilities Co. (OTCMKTS:MFCSF)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $10.05 and traded as high as $10.73. Medical Facilities shares last traded at $10.73, with a volume of 736 shares.

Medical Facilities Price Performance

The stock’s fifty day moving average is $10.05 and its 200 day moving average is $9.28.

Medical Facilities Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a dividend of $0.0663 per share. This is a positive change from Medical Facilities’s previous dividend of $0.06. The ex-dividend date is Friday, September 27th. This represents a yield of 2.62%. Medical Facilities’s dividend payout ratio (DPR) is presently 110.58%.

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.