MEDIROM Healthcare Technologies Inc ADR [NASDAQ: MRM] stock went on an upward path that rose over 64.56% on Tuesday, amounting to a one-week price increase of more than 36.13%.
Over the last 12 months, MRM stock dropped by -77.62%. The one-year MEDIROM Healthcare Technologies Inc ADR stock forecast points to a potential upside of 74.0. The average equity rating for MRM stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $10.27 million, with 7.90 million shares outstanding. Compared to the average trading volume of 1.64M shares, MRM stock reached a trading volume of 7671935 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 0.16, with the Price to Sales ratio for MRM stock in the period of the last 12 months amounting to 0.19. The Price to Book ratio for the last quarter was 1.73, with the Price to Cash per share for the same quarter was set at 0.27.
MRM Stock Performance Analysis:
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 36.13. With this latest performance, MRM shares gained by 55.24% in over the last four-week period, additionally sinking by -51.82% over the last 6 months – not to mention a drop of -77.62% 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 69.33, with the RSI for the last a single of trading hit 74.57, and the three-weeks RSI is set at 65.24 for MEDIROM Healthcare Technologies Inc ADR [MRM]. The present Moving Average for the last 50 days of trading for this stock 0.7066, while it was recorded at 0.9184 for the last single week of trading, and 1.9129 for the last 200 days.
Insight into MEDIROM Healthcare Technologies Inc ADR Fundamentals:
MEDIROM Healthcare Technologies Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.61 and a Current Ratio set at 0.65.
