ME

Medifast

MED
NYSEConsumer Staples
$10.92
USD
-0.01(-0.05%)
At close: Apr 30, 18:39 UTC
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Open

$10.92

Prev. Close

$10.92

High

$10.92

Low

$10.92

Market Snapshot

Market Cap

$120.02M

P/E Ratio

-6.4

EPS

0.18

Revenue

$602.46M

Employees

380

Why MED moved

Medifast's shares surged 9.9% to $12.00, contrasting with Planet Green Holdings' 6.5% decline to $1.74 in after-market trading.

About

Medifast, Inc. is a health and wellness company, which engages in the provision of habit-based and coach-guided lifestyle solutions called OPTAVIA. The company is headquartered in Baltimore, Maryland and currently employs 380 full-time employees. The firm is engaged in offering habit-based and coach-guided lifestyle solution, OPTAVIA, which provides people with a comprehensive approach to address obesity and support a healthy lifestyle. OPTAVIA provides coaching support along with community, tailored nutrition, and healthy habits, and helps people in their weight-loss journey through each stage of life. Through its collaboration with national virtual primary care provider LifeMD, Inc. and its affiliated medical group, customers have access to GLP-1 medications where clinically appropriate. The company sells a variety of weight-loss, weight management and healthy living products all based on its proprietary formulas under the OPTAVIA, OPTAVIA ACTIVE, and Optimal Health brands. Its product line includes approximately 79 consumable options, including bars, puffs, cereal, crunchers, drinks, hearty choices, oatmeal, pancakes, pudding, soft serve, shakes, smoothies, soft bakes, and soups.

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