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Medifast Inc Shares Up 51.4% Since SmarTrend's Buy Recommendation (MED)

By David Diaz

SmarTrend identified an Uptrend for Medifast Inc (NYSE:MED) on March 7th, 2018 at $85.98. In approximately 2 months, Medifast Inc has returned 51.44% as of today's recent price of $130.20.

Over the past year, Medifast Inc has traded in a range of $31.15 to $131.84 and is now at $129.94, 317% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.

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 also provides 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