Medifast MED
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Medifast (MED) Business Model and Operations Summary
Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.
Key Insights
Medifast (MED) Stock Information & Key Business Metrics
Market Cap
$120.85 MillionAverage Daily Volume
282,460 Shares52-Week Range
$10.36-$21.98Price-Earnings Ratio
518.1Free Cash Flow
$646 ThousandTotal Outstanding Shares
10.99 Million SharesFree Float
10.44 Million Shares (95% Outstanding)CEO
Daniel R. ChardTotal Employees
504Current Dividend
$1.65 Per Share QuarterlyIPO Date
March 24, 1981Headquarters
100 International Drive, Baltimore, MD, 21202