Medirom Healthcare Technologies (NASDAQ:MRM) Stock Price Down 1.8% – Here’s What Happened

Medirom Healthcare Technologies Inc. (NASDAQ:MRM)’s stock price dropped 1.8% during mid-day trading on Monday . The stock traded as low as $1.08 and last traded at $1.09. Approximately 3,968 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 20,773 shares. The stock had previously closed at $1.11.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Medirom Healthcare Technologies in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Medirom Healthcare Technologies currently has a consensus rating of “Sell”.

Medirom Healthcare Technologies Trading Up 8.6%

The stock’s 50 day moving average price is $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.