MEDIROM Healthcare Technologies (NYSE:MRM) Shares Up 10.2% - Here's What Happened

Key Points

• MEDIROM Healthcare Technologies Inc. experienced a stock price increase of 10.2%, closing at $2.37 after trading as high as $2.42.
• The trading volume for the day was 823,670 shares, which is a significant decline of 62% compared to its average session volume of 2,181,548 shares.
• MEDIROM operates in three segments: Relaxation Salon, Digital Preventative Healthcare, and Luxury Beauty, focusing on holistic healthcare services in Japan.

MEDIROM Healthcare Technologies Inc. (NYSE:MRM - ) shot up 10.2% during trading on Wednesday . The stock traded as high as $2.42 and last traded at $2.37. 823,670 shares were traded during mid-day trading, a decline of 62% from the average session volume of 2,181,548 shares. The stock had previously closed at $2.15.

MEDIROM Healthcare Technologies Stock Up 10.2%

The business has a 50 day moving average of $1.94 and a two-hundred day moving average of $1.43.

MEDIROM Healthcare Technologies Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.