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36.1% Return Seen to Date on SmarTrend Medifast Inc Call (MED)

By Nick Russo

SmarTrend identified an Uptrend for Medifast Inc (NYSE:MED) on November 20th, 2019 at $85.73. In approximately 2 months, Medifast Inc has returned 36.10% as of today's recent price of $116.68.

In the past 52 weeks, Medifast Inc share prices have been bracketed by a low of $66.50 and a high of $159.41 and are now at $116.68, 75% above that low price. The 200-day and 50-day moving averages have moved 0.22% lower and 0.10% higher over the past week, respectively.

Medifast, Inc. combines physician-supervised weight loss programs with nutritional supplements and multidisciplinary patient education programs. The Company provides an Internet-based physician and medical practitioner network to consumers. Medifast offers a corporate wellness program for large corporations, associations, and their health insurance carriers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Medifast Inc shares.

Log in and add Medifast Inc (MED) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights medifast inc

Ticker(s): MED