After Jumping 116.22% During The Past Week, Should You Still Buy MEDIROM Healthcare Technologies Inc ADR (NASDAQ: MRM)?

MEDIROM Healthcare Technologies Inc ADR (NASDAQ:MRM)’s traded shares stood at 14.38 million during the last session, with the company’s beta value hitting -0.01. At the close of trading, the stock’s price was $0.80, to imply an increase of 40.60% or $0.23 in intraday trading. The MRM share’s 52-week high remains $8.39, putting it -948.75% down since that peak but still an impressive 57.5% since price per share fell to its 52-week low of $0.34. The company has a valuation of $3.95M, with an average of 7.15 million shares in intraday trading volume over the past 10 days and average of 1.32 million shares over the past 3 months.

MEDIROM Healthcare Technologies Inc ADR (NASDAQ:MRM) trade information

After registering a 40.60% upside in the last session, MEDIROM Healthcare Technologies Inc ADR (MRM) has traded red over the past five days. The 5-day price performance for the stock is 116.22%, and 25.02% over 30 days. With these gigs, the year-to-date price performance is -22.33%. Short interest in MEDIROM Healthcare Technologies Inc ADR (NASDAQ:MRM) saw shorts transact 0.25 million shares and set a 0.24 days time to cover.

MRM Dividends

MEDIROM Healthcare Technologies Inc ADR has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

MEDIROM Healthcare Technologies Inc ADR (NASDAQ:MRM)’s Major holders

MEDIROM Healthcare Technologies Inc ADR insiders hold 25.79% of total outstanding shares, with institutional holders owning 3.32% of the shares at 4.47% float percentage. In total, 3.32% institutions holds shares in the company, led by UBS GROUP AG. As of 2024-06-30, the company held over 30.0 shares (or 0.0006% of shares), all amounting to roughly $118.0.

The next major institution holding the largest number of shares is BANK OF AMERICA CORP /DE/ with 25.0 shares, or about 0.0005% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $98.0.