Tokyo Lifestyle (NASDAQ:TKLF) Shares Down 25.1% – What’s Next?

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF)’s stock price fell 25.1% on Wednesday . The company traded as low as $2.13 and last traded at $2.21. 136,929 shares were traded during trading, an increase of 4,081% from the average session volume of 3,275 shares. The stock had previously closed at $2.95.

Analyst Ratings Changes

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

Tokyo Lifestyle Stock Performance

The company has a debt-to-equity ratio of 0.15, a current ratio of 1.24 and a quick ratio of 1.20. The firm has a fifty day moving average of $3.01 and a 200-day moving average of $3.11.

Hedge Funds Weigh In On Tokyo Lifestyle

A hedge fund recently bought a new stake in Tokyo Lifestyle stock. Susquehanna International Group LLP acquired a new position in shares of Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. 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 SEC filing.

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.