Medifast Inc Breaks Below 200-Day Moving Average - Notable For MED

In trading on Thursday, shares of Medifast Inc (MED) crossed below their 200 day moving average of $26.65, changing hands as low as $25.94 per share. Medifast Inc shares are currently trading down about 4.7% on the day. The chart below shows the one year performance of MED shares, versus its 200 day moving average:

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Medifast Inc 200 Day Moving Average Chart

Looking at the chart above, MED's low point in its 52 week range is $18.36 per share, with $33.29 as the 52 week high point — that compares with a last trade of $25.96.

According to the ETF Finder at ETF Channel, MED makes up 2.01% of the S&P SmallCap Consumer Staples Portfolio ETF ( PSCC) which is trading lower by about 2.2% on the day Thursday.

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