Yoshitsu (NASDAQ:TKLF) Trading Down 0.6% – Should You Sell?

Yoshitsu Co., Ltd (NASDAQ:TKLF)’s stock price traded down 0.6% during trading on Thursday . The stock traded as low as $3.24 and last traded at $3.38. 29,167 shares were traded during trading, a decline of 29% from the average session volume of 40,890 shares. The stock had previously closed at $3.40.

Yoshitsu Stock Performance

The stock’s fifty day simple moving average is $3.42 and its two-hundred day simple moving average is $4.73. The company has a current ratio of 1.27, a quick ratio of 1.20 and a debt-to-equity ratio of 0.15.

Institutional Investors Weigh In On Yoshitsu

A hedge fund recently bought a new stake in Yoshitsu stock. Garden State Investment Advisory Services LLC purchased a new stake in shares of Yoshitsu Co., Ltd (NASDAQ:TKLF) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 761,750 shares of the company’s stock, valued at approximately $445,000. Garden State Investment Advisory Services LLC owned about 18.04% of Yoshitsu at the end of the most recent quarter.

Yoshitsu 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.