MarketIQ Analyst Report for Medirom Healthcare Technologies Inc

2-3-1 DAIBA, MINATO-KU, JP
MRM

Last Updated: 19 Sep 2024

Executive Summary

Medirom Healthcare Technologies Inc. (MRM) is a Japanese healthcare services provider with a market capitalization of $19.7 million. The company has a negative EBITDA and a trailing P/E ratio of 24.94. The latest stock price is $3.99.

Company Overview

Medirom Healthcare Technologies Inc. provides comprehensive healthcare services in Japan. The company offers a range of services, including medical examinations, vaccinations, and health screenings. Medirom Healthcare Technologies Inc. is headquartered in Tokyo, Japan.

Fundamental Analysis

Medirom Healthcare Technologies Inc.'s financial performance has been mixed in recent years. The company has reported negative EBITDA and EPS in each of the past three years. However, the company's revenue has grown steadily over the same period.

Technical Analysis

Medirom Healthcare Technologies Inc.'s stock price has been trending down in recent months. The stock is currently trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also below 50, indicating that the stock is oversold.

Short Term Outlook

The technical analysis suggests that Medirom Healthcare Technologies Inc.'s stock price is likely to continue to trend down in the short term. The stock is currently trading below its key moving averages and its RSI is oversold.

Long Term Outlook

The long-term outlook for Medirom Healthcare Technologies Inc. is more positive. The company's revenue has grown steadily in recent years and the company is well-positioned to benefit from the growing demand for healthcare services in Japan.

Analyst Recommendations

None of the analysts who cover Medirom Healthcare Technologies Inc. have issued a rating on the stock in the past year.