Yoshiharu Global (NASDAQ:YOSH) Shares Down 6.8% – Here’s What Happened

Yoshiharu Global Co. (NASDAQ:YOSH)’s stock price dropped 6.8% on Friday . The company traded as low as $0.2610 and last traded at $0.2610. Approximately 66,615 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 104,964 shares. The stock had previously closed at $0.2801.

Yoshiharu Global Stock Performance

The company has a quick ratio of 0.53, a current ratio of 0.57 and a debt-to-equity ratio of 0.54. The stock has a fifty day simple moving average of $0.31 and a 200-day simple moving average of $0.94. The company has a market capitalization of $3.86 million, a P/E ratio of -0.20 and a beta of 0.25.

Yoshiharu Global Company Profile

Yoshiharu Global Co, Ltd. (NASDAQ: YOSH) is a U.S.-based restaurant franchisor and operator specializing in Japanese noodle cuisine. The company develops and markets the Yoshiharu brand of ramen restaurants, operating both corporate-owned locations and franchised outlets. Since its establishment, Yoshiharu Global has focused on creating a scalable platform that supports site selection, restaurant design, staff training and marketing for its franchise partners.

The Yoshiharu menu centers on a variety of ramen styles featuring proprietary broths, fresh-made noodles and carefully sourced ingredients.