MEDIROM Healthcare Technologies Inc ADR [MRM] Is Currently -1.59 below its 200 Period Moving Avg: What Does This Mean?

MEDIROM Healthcare Technologies Inc ADR [NASDAQ: MRM] closed the trading session at $0.62.

The stocks have a year to date performance of -39.81 percent and weekly performance of -8.82 percent. The stock has been moved at -82.78 percent over the last six months. The stock has performed -31.52 percent around the most recent 30 days and changed -77.86 percent over the most recent 3-months.

If compared to the average trading volume of 82.97K shares, MRM reached to a volume of 3979 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about MEDIROM Healthcare Technologies Inc ADR [MRM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MRM shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MRM stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for MEDIROM Healthcare Technologies Inc ADR is set at 0.07, with the Price to Sales ratio for MRM stock in the period of the last 12 months amounting to 0.06.

MRM stock trade performance evaluation

MEDIROM Healthcare Technologies Inc ADR [MRM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.82. With this latest performance, MRM shares dropped by -31.52% in over the last four-week period, additionally sinking by -82.78% over the last 6 months – not to mention a drop of -89.63% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MRM stock in for the last two-week period is set at 28.14, with the RSI for the last a single of trading hit 24.33, and the three-weeks RSI is set at 30.78 for MEDIROM Healthcare Technologies Inc ADR [MRM]. The present Moving Average for the last 50 days of trading for this stock 0.8754, while it was recorded at 0.6425 for the last single week of trading, and 2.8052 for the last 200 days.

MEDIROM Healthcare Technologies Inc ADR [MRM]: An insightful look at the core fundamentals

MEDIROM Healthcare Technologies Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.29 and a Current Ratio set at 0.34.

MEDIROM Healthcare Technologies Inc ADR [MRM]: Institutional Ownership

There are presently around $3.32%, or 4.47%% of MRM stock, in the hands of institutional investors.