Tokyo Lifestyle (NASDAQ:TKLF) Stock Price Down 1.5% – Here’s Why

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLFGet Free Report)’s stock price fell 1.5% during trading on Friday . The company traded as low as $1.97 and last traded at $1.97. Approximately 3,005 shares changed hands during trading, a decline of 98% from the average daily volume of 179,306 shares. The stock had previously closed at $2.00.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered Tokyo Lifestyle from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on Tokyo Lifestyle

Tokyo Lifestyle Price Performance

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.22 and a current ratio of 1.30. The company’s 50-day simple moving average is $2.06 and its 200 day simple moving average is $2.42.

Tokyo Lifestyle (NASDAQ:TKLFGet Free Report) last issued its quarterly earnings data on Friday, June 12th. The company reported $0.20 EPS for the quarter. The business had revenue of $91.40 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Tokyo Lifestyle stock. Susquehanna International Group LLP acquired a new stake in shares of Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLFFree Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 77,482 shares of the company’s stock, valued at approximately $298,000. Susquehanna International Group LLP owned 1.83% of Tokyo Lifestyle at the end of the most recent reporting period.

About Tokyo Lifestyle

(Get Free Report)

Yoshitsu Co, Ltd engages in the retail and wholesale of beauty, health, and other products. It offers beauty products, such as cosmetics comprising of foundation, powder, concealer, makeup remover, eyeliner, eye shadow, brow powder, brow pencil, mascara, lip gloss, lipstick, and nail polish; skin care products consisting of facial cleanser, whitening products, sun block, moisturizer, facial mask, eye mask, eye gel, and exfoliating; and cosmetic applicators, such as brush, puff, curler, hair iron, and shaver products.

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