Tokyo Lifestyle (NASDAQ:TKLF) Shares Up 3.8% – Time to Buy?

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF)’s share price rose 3.8% during mid-day trading on Monday . The stock traded as high as $3.42 and last traded at $3.29. Approximately 3,438 shares traded hands during trading, a decline of 25% from the average daily volume of 4,582 shares. The stock had previously closed at $3.17.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Tokyo Lifestyle from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 26th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Tokyo Lifestyle Stock Up 3.8%

The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 0.15. The firm has a fifty day simple moving average of $2.85 and a 200-day simple moving average of $3.28.

Institutional Trading of Tokyo Lifestyle

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

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.