Yoshitsu (NASDAQ:TKLF) Trading Down 6.8% – Should You Sell?

Yoshitsu Co., Ltd (NASDAQ:TKLF)’s stock price traded down 6.8% during trading on Wednesday . The stock traded as low as $3.22 and last traded at $3.31. 36,172 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 245,575 shares. The stock had previously closed at $3.55.

Yoshitsu Stock Performance

The company has a quick ratio of 1.26, a current ratio of 1.31 and a debt-to-equity ratio of 0.16. The company’s fifty day moving average price is $3.73 and its two-hundred day moving average price is $4.62.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Yoshitsu stock. Garden State Investment Advisory Services LLC acquired a new stake in Yoshitsu Co., Ltd (NASDAQ:TKLF) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 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 as of its most recent filing with the SEC.

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.