Sosandar (LON:SOS) Stock Price Down 0.6% – What’s Next?

Sosandar Plc (LON:SOS)’s share price was down 0.6% during mid-day trading on Monday. The stock traded as low as GBX 10 and last traded at GBX 10.19. 284,805 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 495,178 shares. The stock had previously closed at GBX 10.25.

Sosandar Trading Down 0.6%

The company has a debt-to-equity ratio of 19.66, a quick ratio of 1.40 and a current ratio of 2.77. The company has a market capitalization of £21.96 million, a price-to-earnings ratio of 72.77 and a beta of 1.58. The business’s 50-day simple moving average is GBX 12.11 and its 200-day simple moving average is GBX 9.93.

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. The Sosandar business model is built around using trend-led, exclusive designs produced in-house and then manufactured using a variety of global suppliers. Sosandar caters for a growing market of fashion conscious women, while utilising an outsourced logistics provider that can support its planned growth over the coming years.