Mediclinic International (LON:MDC) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Mediclinic International plc (LON:MDC)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 501 ($6.50) and traded as low as GBX 499.20 ($6.48). Mediclinic International shares last traded at GBX 501 ($6.50), with a volume of 925,841 shares traded.

Mediclinic International Stock Performance

The company has a debt-to-equity ratio of 78.38, a quick ratio of 1.38 and a current ratio of 1.49. The firm’s fifty day simple moving average is GBX 501 and its 200-day simple moving average is GBX 501. The stock has a market cap of £3.69 billion, a P/E ratio of 2,178.26 and a beta of 0.42.

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.