MEDIROM Healthcare Technologies (NYSE:MRM) Trading Up 1.6% – Time to Buy?

MEDIROM Healthcare Technologies Inc. (NYSE:MRMGet Free Report) rose 1.6% during mid-day trading on Thursday . The stock traded as high as $2.01 and last traded at $1.96. Approximately 90,749 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 2,065,156 shares. The stock had previously closed at $1.93.

MEDIROM Healthcare Technologies Stock Performance

The firm’s 50-day moving average price is $2.05 and its 200 day moving average price is $1.63.

MEDIROM Healthcare Technologies Company Profile

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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.

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