Key Points
- Director Mei Kanayama bought 7,000 Tokyo Lifestyle shares at $1.80 each, investing $12,600 and increasing her direct ownership by 4.24% to 172,016 shares. She also purchased 2,800 shares the previous day.
- Tokyo Lifestyle shares opened at $1.79, near their 52-week low of $1.69 and below their 50-day and 200-day moving averages. The company most recently reported quarterly revenue of $91.4 million and EPS of $0.20.
- Analyst sentiment remains negative: Weiss Ratings downgraded the stock to “sell,” while MarketBeat reports an average rating of “Sell.” Separately, Susquehanna International Group acquired 77,482 shares, valued at approximately $298,000.
Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF - Get Free Report) Director Mei Kanayama acquired 7,000 shares of the stock in a transaction on Tuesday, August 25th. The shares were bought at an average price of $1.80 per share, with a total value of $12,600.00. Following the purchase, the director directly owned 172,016 shares of the company's stock, valued at $309,628.80. The trade was a 4.24% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Mei Kanayama also recently made the following trade(s):
- On Monday, August 24th, Mei Kanayama purchased 2,800 shares of Tokyo Lifestyle stock. The stock was bought at an average cost of $1.80 per share, with a total value of $5,040.00.
Tokyo Lifestyle Stock Performance
NASDAQ:TKLF opened at $1.79 on Thursday. Tokyo Lifestyle Co., Ltd. has a 52 week low of $1.69 and a 52 week high of $4.32. The company's 50 day moving average price is $2.02 and its 200-day moving average price is $2.26. The company has a current ratio of 1.30, a quick ratio of 1.22 and a debt-to-equity ratio of 0.28.
Tokyo Lifestyle (NASDAQ:TKLF - Get Free Report) last issued its earnings results on Friday, June 12th. The company reported $0.20 earnings per share (EPS) for the quarter. The company had revenue of $91.40 million during the quarter.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings downgraded shares of Tokyo Lifestyle from a "sell (d+)" rating to a "sell (d)" rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of "Sell".
Check Out Our Latest Report on Tokyo Lifestyle
Hedge Funds Weigh In On Tokyo Lifestyle
An institutional investor recently bought a new stake in Tokyo Lifestyle stock. Susquehanna International Group LLP purchased a new position in Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent SEC filing.
Tokyo Lifestyle Company Profile
(
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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