Tokyo Lifestyle (NASDAQ:TKLF) Trading Up 8.2% – What’s Next?

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) traded up 8.2% on Friday . The company traded as high as $2.99 and last traded at $2.9760. 13,391 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 35,725 shares. The stock had previously closed at $2.75.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered Tokyo Lifestyle from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Tokyo Lifestyle has an average rating of “Sell”.

Tokyo Lifestyle Trading Up 8.2%

The company has a debt-to-equity ratio of 0.15, a current ratio of 1.24 and a quick ratio of 1.31. The business’s 50 day moving average is $2.85 and its 200-day moving average is $3.41.

Institutional Trading of Tokyo Lifestyle

An institutional investor recently bought a new position in Tokyo Lifestyle stock. Susquehanna International Group LLP bought a new position in shares of Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 77,482 shares of the company’s stock, valued at approximately $298,000. Susquehanna International Group LLP owned approximately 1.83% of Tokyo Lifestyle at the end of the most recent quarter.

Tokyo Lifestyle Company Profile

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.