Medirom Healthcare Technologies (NASDAQ:MRM) Stock Price Up 3.4% – Still a Buy?

Medirom Healthcare Technologies Inc. (NASDAQ:MRMGet Free Report) rose 3.4% during trading on Wednesday . The company traded as high as $1.29 and last traded at $1.20. Approximately 445,931 shares were traded during mid-day 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 upgraded shares of Medirom Healthcare Technologies from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 11th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Medirom Healthcare Technologies currently has an average rating of “Sell”.

Read Our Latest Stock Analysis on MRM

Medirom Healthcare Technologies Stock Performance

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

About Medirom Healthcare Technologies

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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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