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In trading on Thursday, shares of Medifast Inc (NYSE:MED) crossed above their 200 day moving average of $24.66, changing hands as high as $24.83 per share. Medifast Inc shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of MED shares, versus its 200 day moving average:
Looking at the chart above, MED's low point in its 52 week range is $15.64 per share, with $38.23 as the 52 week high point — that compares with a last trade of $24.40.
MED operates in the Consumer Goods sector, among companies like Clorox Co. (NYSE:CLX) which is up about 1.7% today, and Mattel Inc (NASDAQ:MAT) trading up by about 1.6%. Below is a three month price history chart comparing the stock performance of MED, versus CLX and MAT.
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