Sosandar (LON:SOS) Trading Down 1.8% – Here’s Why

Sosandar Plc (LON:SOS)’s stock price dropped 1.8% during mid-day trading on Friday . The stock traded as low as GBX 5.50 ($0.07) and last traded at GBX 5.65 ($0.07). Approximately 73,956 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 346,999 shares. The stock had previously closed at GBX 5.75 ($0.07).

Sosandar Trading Down 4.3 %

The stock has a market cap of £13.65 million, a PE ratio of -32.28 and a beta of 2.28. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.40 and a current ratio of 4.17. The stock has a fifty day moving average price of GBX 6.91 and a 200 day moving average price of GBX 8.63.

About Sosandar

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.