Medirom Healthcare Technologies (NASDAQ:MRM) Trading Up 1.1% – Still a Buy?

Medirom Healthcare Technologies Inc. (NASDAQ:MRM) shot up 1.1% during trading on Tuesday . The company traded as high as $1.00 and last traded at $0.9855. Approximately 5,609 shares were traded during trading, a decline of 91% from the average session volume of 63,697 shares. The stock had previously closed at $0.9750.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of Medirom Healthcare Technologies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Medirom Healthcare Technologies presently has a consensus rating of “Sell”.

Medirom Healthcare Technologies Price Performance

The firm has a fifty day moving average of $1.07 and a 200-day moving average of $1.26.

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.