Sosandar (LON:SOS) Reaches New 52-Week Low – What’s Next?

Sosandar Plc (LON:SOS) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 6.50 ($0.08) and last traded at GBX 6.83 ($0.08), with a volume of 599485 shares changing hands. The stock had previously closed at GBX 7 ($0.09).

Sosandar Stock Down 2.5 %

The stock has a fifty day moving average of GBX 8.68 and a 200 day moving average of GBX 9.44. The company has a debt-to-equity ratio of 3.42, a current ratio of 4.18 and a quick ratio of 1.40. The firm has a market capitalization of £16.94 million, a P/E ratio of 1,580.00 and a beta of 2.28.

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.