Medirom Healthcare Technologies (NASDAQ:MRM) Stock Price Down 1.6% – What’s Next?

Medirom Healthcare Technologies Inc. (NASDAQ:MRM)’s stock price fell 1.6% during trading on Tuesday . The company traded as low as $1.1799 and last traded at $1.20. 23,120 shares were traded during mid-day trading, a decline of 20% from the average session volume of 28,746 shares. The stock had previously closed at $1.22.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Medirom Healthcare Technologies from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Medirom Healthcare Technologies has an average rating of “Sell”.

Medirom Healthcare Technologies Stock Performance

The stock has a fifty day simple moving average of $1.22.

Medirom Healthcare Technologies Company Profile

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.