Medifast Inc (MED) is Trading Higher on Unusual Volume for January 12

Equities Staff |

Medifast Inc (MED) experienced unusually high volume on Jan. 12, as the stock gained 1.26% to a closing price of $29.77. The stock saw 172,162 shares trade hands over the course of the day on 1,355 trades. Given that the stock’s average daily volume over the last month has been 110,277 shares a day, this represents a pretty substantial spike over the norm.

Medifast Inc has a P/B ratio of 4.03. It also has a P/E ratio of 27. The stock has traded between $33.86 and $26.14 over the last 52-weeks, its 50-day SMA is now $29.99, and its 200-day SMA $29.92.

Medifast Inc is engaged in the productions, distributions, and sales of weight loss and weight management products and other consumable health and diet products. Its product lines include weight loss and management, meal replacement, and vitamins.

Headquartered in Owings Mills, MD, Medifast Inc has 579 employees and is currently under the leadership of CEO Michael C. Macdonald.

For a complete fundamental analysis analysis of Medifast Inc, check out’s Stock Valuation Analysis report for MED. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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