MEDIROM Healthcare Technologies (NYSE:MRM) Stock Price Down 4.4% – Here’s What Happened

MEDIROM Healthcare Technologies Inc. (NYSE:MRM)’s share price fell 4.4% during trading on Monday . The company traded as low as $0.98 and last traded at $0.99. 69,846 shares changed hands during trading, a decline of 19% from the average session volume of 86,078 shares. The stock had previously closed at $1.03.

MEDIROM Healthcare Technologies Price Performance

The company has a 50-day simple moving average of $2.00 and a two-hundred day simple moving average of $2.98.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in MEDIROM Healthcare Technologies stock. Virtu Financial LLC acquired a new stake in MEDIROM Healthcare Technologies Inc. (NYSE:MRM) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,942 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned 0.22% of MEDIROM Healthcare Technologies at the end of the most recent quarter.

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.