Shares of Sosandar Plc (LON:SOS – Get Free Report) dropped 0.6% on Monday. The company 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 Stock Down 0.8%
The company has a current ratio of 2.77, a quick ratio of 1.40 and a debt-to-equity ratio of 19.66. The firm has a 50 day moving average price of GBX 12.01 and a 200-day moving average price of GBX 9.96. The firm has a market cap of £21.37 million, a price-to-earnings ratio of 70.84 and a beta of 1.58.
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.
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