Medifast, Inc. Enters Oversold Territory

Zacks

Medifast, Inc.’s (MED) share price has entered into oversold territory with a stochastic value of 9.776. The Zacks Consensus Estimate on the company’s earnings for year ending December 2012 increased by 7 cents over the past two months to $1.45 per share. Medifast, Inc. is a Zacks #1 Rank (“Strong Buy”) company.

 

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