MEDIROM Healthcare Technologies Inc ADR [NASDAQ: MRM] gained 40.60% on the last trading session, reaching $0.80 price per share at the time.
If compared to the average trading volume of 1.32M shares, MRM reached a trading volume of 14384188 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 0.14, with the Price to Sales ratio for MRM stock in the period of the last 12 months amounting to 0.08.
Trading performance analysis for MRM stock
MEDIROM Healthcare Technologies Inc ADR [MRM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 116.22. With this latest performance, MRM shares gained by 25.02% in over the last four-week period, additionally sinking by -69.81% over the last 6 months – not to mention a drop of -87.07% 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 63.12, with the RSI for the last a single of trading hit 70.16, and the three-weeks RSI is set at 56.68 for MEDIROM Healthcare Technologies Inc ADR [MRM]. The present Moving Average for the last 50 days of trading for this stock 0.6850, while it was recorded at 0.6203 for the last single week of trading, and 2.3556 for the last 200 days.
MEDIROM Healthcare Technologies Inc ADR [MRM]: A deeper dive into fundamental analysis
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.
An analysis of Institutional ownership at MEDIROM Healthcare Technologies Inc ADR [MRM]
There are presently around $3.32%, or 4.47%% of MRM stock, in the hands of institutional investors.
