Sondrel (LON:SND) Shares Down 16.4%

Sondrel (Holdings) plc (LON:SND)’s share price traded down 16.4% on Thursday . The company traded as low as GBX 2.25 ($0.03) and last traded at GBX 2.30 ($0.03). 365,341 shares traded hands during trading, a decline of 76% from the average session volume of 1,518,877 shares. The stock had previously closed at GBX 2.75 ($0.04).

Sondrel Stock Down 16.4 %

The company has a quick ratio of 0.81, a current ratio of 0.82 and a debt-to-equity ratio of 7.56. The stock has a market capitalization of £2.01 million and a P/E ratio of -68.75. The company has a fifty day moving average price of GBX 5.45 and a 200-day moving average price of GBX 6.54.

About Sondrel

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.