MEDIROM Healthcare Technologies (NYSE:MRM) Shares Down 1.8% – Should You Sell?

Shares of MEDIROM Healthcare Technologies Inc. (NYSE:MRMGet Free Report) dropped 1.8% during mid-day trading on Monday . The company traded as low as $2.65 and last traded at $2.67. Approximately 3,939 shares were traded during trading, a decline of 98% from the average daily volume of 219,720 shares. The stock had previously closed at $2.72.

MEDIROM Healthcare Technologies Stock Performance

The company has a debt-to-equity ratio of 11.05, a current ratio of 0.49 and a quick ratio of 0.45. The company has a 50-day moving average price of $3.49 and a 200-day moving average price of $4.57.

About MEDIROM Healthcare Technologies

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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.

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