Sosandar (LON:SOS) Trading Down 10.4% – Should You Sell?

Sosandar Plc (LON:SOS)’s stock price fell 10.4% during trading on Thursday . The company traded as low as GBX 6 and last traded at GBX 6. 1,111,129 shares traded hands during mid-day trading, an increase of 63% from the average session volume of 681,233 shares. The stock had previously closed at GBX 6.70.

Sosandar Stock Down 10.4%

The company has a quick ratio of 1.40, a current ratio of 4.17 and a debt-to-equity ratio of 3.42. The firm has a market capitalization of £14.89 million, a price-to-earnings ratio of -27.27 and a beta of 2.28. The stock has a 50 day moving average of GBX 5.92 and a 200 day moving average of GBX 6.63.

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.