Sondrel (LON:SND) Shares Down 14.3%

Sondrel (Holdings) plc (LON:SND)’s stock price traded down 14.3% during mid-day trading on Wednesday . The company traded as low as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). 384,964 shares traded hands during trading, a decline of 75% from the average session volume of 1,514,189 shares. The stock had previously closed at GBX 5.25 ($0.07).

Sondrel Stock Down 14.3 %

The business has a 50 day moving average of GBX 5.27 and a 200-day moving average of GBX 6.86. The stock has a market cap of £3.94 million and a PE ratio of -137.50. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 7.56.

Sondrel Company Profile

Sondrel (Holdings) plc engages in fabless semiconductor business. It provides turnkey services in the design and delivery of application specific integrated circuits and system on chips for technology brands. Its products are used in mobile phones, cameras, security systems, AR/VR systems, and other applications.