Medirom Healthcare Technologies (NASDAQ:MRM) Stock Price Up 0.5% – Here’s Why

Medirom Healthcare Technologies Inc. (NASDAQ:MRM) shares traded up 0.5% during mid-day trading on Wednesday . The company traded as high as $0.92 and last traded at $0.9250. 882 shares were traded during trading, a decline of 96% from the average session volume of 24,489 shares. The stock had previously closed at $0.9201.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Medirom Healthcare Technologies in a research note on Tuesday, August 25th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Medirom Healthcare Technologies currently has an average rating of “Sell”.

Medirom Healthcare Technologies Price Performance

The firm’s 50-day simple moving average is $0.97 and its 200-day simple moving average is $1.10.

About Medirom Healthcare Technologies

MEDIROM Healthcare Technologies Inc provides holistic healthcare services in Japan. It operates in two segments, Relaxation Salon and Digital Preventative Healthcare. The Relaxation Salon segment owns and franchises relaxation salons, which provide finger-pressure style bodywork therapy, stretch therapy, and posture and joint alignment, as well as physical therapy elements; and various individual services, including anti-fatigue therapy, athletic support therapy, slim-down therapy, and reflexology.