Medirom Healthcare Technologies (NASDAQ:MRM) Trading Up 3.4% – Time to Buy?

Medirom Healthcare Technologies Inc. (NASDAQ:MRMGet Free Report) shares rose 3.4% during mid-day trading on Wednesday . The company traded as high as $1.29 and last traded at $1.20. Approximately 445,931 shares were traded during trading, a decline of 56% from the average daily volume of 1,010,372 shares. The stock had previously closed at $1.16.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded Medirom Healthcare Technologies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Read Our Latest Report on MRM

Medirom Healthcare Technologies Price Performance

The company’s 50-day moving average is $1.13.

About Medirom Healthcare Technologies

(Get Free Report)

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.

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