Mei Kanayama Purchases 7,000 Shares of Tokyo Lifestyle (NASDAQ:TKLF) Stock

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLFGet Free Report) Director Mei Kanayama purchased 7,000 shares of the company’s stock in a transaction on Tuesday, August 25th. The stock was purchased at an average price of $1.80 per share, with a total value of $12,600.00. Following the completion of the transaction, the director owned 172,016 shares of the company’s stock, valued at approximately $309,628.80. This trade represents a 4.24% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Mei Kanayama also recently made the following trade(s):

  • On Monday, August 24th, Mei Kanayama acquired 2,800 shares of Tokyo Lifestyle stock. The shares were purchased at an average price of $1.80 per share, for a total transaction of $5,040.00.

Tokyo Lifestyle Trading Down 1.9%

TKLF opened at $1.76 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.22 and a current ratio of 1.30. Tokyo Lifestyle Co., Ltd. has a fifty-two week low of $1.65 and a fifty-two week high of $4.32. The firm’s fifty day moving average is $2.01 and its 200 day moving average is $2.25.

Tokyo Lifestyle (NASDAQ:TKLFGet Free Report) last issued its quarterly earnings results on Friday, June 12th. The company reported $0.20 earnings per share (EPS) for the quarter. The business had revenue of $91.40 million during the quarter.

Institutional Investors Weigh In On Tokyo Lifestyle

An institutional investor recently bought a new position in Tokyo Lifestyle stock. Susquehanna International Group LLP purchased a new stake in shares of Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLFFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 77,482 shares of the company’s stock, valued at approximately $298,000. Susquehanna International Group LLP owned approximately 1.83% of Tokyo Lifestyle at the end of the most recent reporting period.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded Tokyo Lifestyle from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, July 16th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

View Our Latest Analysis on TKLF

About Tokyo Lifestyle

(Get Free Report)

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.

Further Reading

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