MEDIROM Healthcare Technologies (NYSE:MRM) Trading Up 5.5% – Here’s What Happened

MEDIROM Healthcare Technologies Inc. (NYSE:MRM)’s stock price shot up 5.5% during mid-day trading on Tuesday . The company traded as high as $2.95 and last traded at $2.90. 8,716 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 195,726 shares. The stock had previously closed at $2.75.

MEDIROM Healthcare Technologies Stock Down 0.4 %

The firm’s 50-day simple moving average is $3.03 and its 200-day simple moving average is $3.91.

Institutional Trading of MEDIROM Healthcare Technologies

An institutional investor recently bought a new position in MEDIROM Healthcare Technologies stock. Virtu Financial LLC acquired a new position in MEDIROM Healthcare Technologies Inc. (NYSE:MRM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,942 shares of the company’s stock, valued at approximately $33,000. Virtu Financial LLC owned 0.22% of MEDIROM Healthcare Technologies as of its most recent SEC filing.

About MEDIROM Healthcare Technologies

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.