Medirom Healthcare Technologies (NASDAQ:MRM) Stock Price Up 4.5% – Here’s Why

Medirom Healthcare Technologies Inc. (NASDAQ:MRM) traded up 4.5% on Wednesday . The company traded as high as $1.39 and last traded at $1.39. 15,554 shares were traded during mid-day trading, a decline of 58% from the average session volume of 36,626 shares. The stock had previously closed at $1.33.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Medirom Healthcare Technologies in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Medirom Healthcare Technologies Stock Performance

The firm has a 50-day moving average price of $1.69. The company has a current ratio of 0.24, a quick ratio of 0.21 and a debt-to-equity ratio of 2.42.

Medirom Healthcare Technologies (NASDAQ:MRM) last posted its quarterly earnings data on Tuesday, October 21st. The company reported ($0.30) EPS for the quarter. The business had revenue of $11.28 million during the quarter.

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.