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MEDIROM Healthcare Technologies Inc ADR Inc. (MRM) Price Performance: A Technical Analysis Perspective

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -51.05% this year. Over the last six months, there has been a stronger performance of -44.52%. The price of MRM leaped by -5.41% during the last 30 days period. For the last 5-days stocks have slided -3.78%.

The stock market performance of MEDIROM Healthcare Technologies Inc ADR has been fairly unsteady. Over the last year, the company’s stock hit its highest at $8.39 on 08/26/24, while the lowest price during the same time frame was $2.27, recorded on 08/13/24.

52-week price history of MRM Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. MEDIROM Healthcare Technologies Inc ADR’s current trading price is -66.63% away from its 52-week high, while its distance from the 52-week low is 23.35%. The stock’s price range over this timeframe has been between $2.27 and $8.39. The shares of the Consumer Cyclical sector company recorded a trading volume of approximately 4.05 million for the day, which was comparatively higher than the average daily volume of 52090.0 over the last three months.

The Connection Between Financial Performance and Market Capitalization

MEDIROM Healthcare Technologies Inc ADR (MRM) has experienced a quarterly decline of -22.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.83M and boasts a workforce of 1101 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.28, with a change in price of -1.08. Similarly, MEDIROM Healthcare Technologies Inc ADR recorded 492,773 in trading volume during the last 100 days, posting a change of -27.91%.

MRM Stock Stochastic Average

MEDIROM Healthcare Technologies Inc ADR’s raw stochastic average for the past 50 days is currently at 13.19%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 29.69%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 53.09% and 59.09%, respectively.

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