Sosandar (LON:SOS) Shares Up 2.7% – Here’s What Happened

Sosandar Plc (LON:SOS)’s share price was up 2.7% during mid-day trading on Monday . The stock traded as high as GBX 9 ($0.12) and last traded at GBX 8.90 ($0.12). Approximately 200,011 shares were traded during trading, a decline of 56% from the average daily volume of 452,140 shares. The stock had previously closed at GBX 8.67 ($0.12).

Sosandar Price Performance

The firm has a market capitalization of £22.09 million, a P/E ratio of -52.23 and a beta of 2.28. The company has a fifty day moving average of GBX 7.32 and a 200 day moving average of GBX 7.32. The company has a debt-to-equity ratio of 3.42, a current ratio of 4.17 and a quick ratio of 1.40.

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.