Sosandar (LON:SOS) Trading Down 9.7% – What’s Next?

Sosandar Plc (LON:SOS) shares traded down 9.7% during trading on Friday . The company traded as low as GBX 6.75 ($0.08) and last traded at GBX 7 ($0.09). 1,246,724 shares were traded during trading, an increase of 297% from the average session volume of 313,870 shares. The stock had previously closed at GBX 7.75 ($0.09).

Sosandar Stock Down 16.2 %

The company has a quick ratio of 1.40, a current ratio of 4.18 and a debt-to-equity ratio of 3.42. The company has a market capitalization of £16.12 million, a PE ratio of 1,580.00 and a beta of 2.28. The stock has a 50-day moving average of GBX 8.73 and a 200 day moving average of GBX 9.47.

Sosandar Company Profile

Sosandar is a womenswear brand, specifically targeted at a generation of women who have graduated from throwaway fashion and are looking for quality, affordable clothing with a premium, trend-led aesthetic. This is a section of the market that is currently being underserved.

Sosandar was launched in September 2016.