MEDIROM Healthcare Technologies (NYSE:MRM) Stock Price Down 8.2% – Here’s What Happened

Shares of MEDIROM Healthcare Technologies Inc. (NYSE:MRMGet Free Report) were down 8.2% during mid-day trading on Thursday . The company traded as low as $1.30 and last traded at $1.34. Approximately 78,456 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 166,461 shares. The stock had previously closed at $1.46.

MEDIROM Healthcare Technologies Stock Down 8.2%

The business has a fifty day moving average of $1.91 and a 200 day moving average of $1.92.

About MEDIROM Healthcare Technologies

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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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