Yoshitsu (NASDAQ:TKLF) Trading Down 2.9% – Should You Sell?

Yoshitsu Co., Ltd (NASDAQ:TKLF)’s share price was down 2.9% on Monday . The company traded as low as $3.20 and last traded at $3.24. Approximately 13,187 shares were traded during trading, a decline of 43% from the average daily volume of 23,088 shares. The stock had previously closed at $3.33.

Yoshitsu Stock Performance

The business has a 50 day simple moving average of $3.54 and a two-hundred day simple moving average of $4.25. 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 Inflows and Outflows

A hedge fund recently bought a new stake in Yoshitsu stock. Garden State Investment Advisory Services LLC acquired a new position in shares of Yoshitsu Co., Ltd (NASDAQ:TKLF) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 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.