Tokyo Lifestyle (NASDAQ:TKLF) Trading 3.8% Higher – Here’s What Happened

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF)’s stock price was up 3.8% during mid-day trading on Tuesday . The stock traded as high as $3.08 and last traded at $2.9590. Approximately 1,279 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 8,078 shares. The stock had previously closed at $2.85.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered Tokyo Lifestyle from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

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 business has a 50 day simple moving average of $3.00 and a 200-day simple moving average of $3.19.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Tokyo Lifestyle stock. Susquehanna International Group LLP acquired a new position in shares of Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 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 & Exchange Commission.

About Tokyo Lifestyle

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.