MEDIROM Healthcare Technologies (NYSE:MRM) Shares Up 5.5% – What’s Next?

MEDIROM Healthcare Technologies Inc. (NYSE:MRM) was up 5.5% during mid-day trading on Tuesday . The company traded as high as $2.95 and last traded at $2.90. Approximately 8,716 shares traded hands during trading, a decline of 96% from the average daily volume of 195,726 shares. The stock had previously closed at $2.75.

MEDIROM Healthcare Technologies Stock Performance

The firm’s fifty day simple moving average is $3.03 and its 200 day simple moving average is $3.91.

Institutional Trading of MEDIROM Healthcare Technologies

An institutional investor recently bought a new position in MEDIROM Healthcare Technologies stock. Virtu Financial LLC acquired a new position in MEDIROM Healthcare Technologies Inc. (NYSE:MRM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,942 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned approximately 0.22% of MEDIROM Healthcare Technologies as of its most recent SEC filing.

MEDIROM Healthcare Technologies Company Profile

MEDIROM Healthcare Technologies Inc provides holistic healthcare services in Japan. It operates in three segments: Relaxation Salon, Digital Preventative Healthcare, and Luxury Beauty. 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.