Yoshitsu (NASDAQ:TKLF) Trading Down 0.6% – Here’s Why

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

Yoshitsu Stock Performance

The company has a current ratio of 1.27, a quick ratio of 1.20 and a debt-to-equity ratio of 0.15. The firm’s fifty day moving average is $3.44 and its two-hundred day moving average is $4.73.

Institutional Trading of Yoshitsu

An institutional investor recently bought a new position in Yoshitsu stock. Garden State Investment Advisory Services LLC bought a new stake in shares of Yoshitsu Co., Ltd (NASDAQ:TKLF) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 761,750 shares of the company’s stock, valued at approximately $445,000. Garden State Investment Advisory Services LLC owned 18.04% of Yoshitsu as of its most recent SEC filing.

About Yoshitsu

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.