Sosandar (LON:SOS) Stock Price Up 3.6% – Here’s Why

Sosandar Plc (LON:SOS)’s share price rose 3.6% during trading on Tuesday . The company traded as high as GBX 5.49 ($0.07) and last traded at GBX 5.44 ($0.07). Approximately 209,063 shares traded hands during trading, a decline of 65% from the average daily volume of 593,298 shares. The stock had previously closed at GBX 5.25 ($0.07).

Sosandar Stock Up 12.4%

The business has a fifty day moving average of GBX 5.22 and a 200 day moving average of GBX 6.60. The company has a market capitalization of £14.65 million, a PE ratio of -2,681.82 and a beta of 2.28. The company has a current ratio of 4.17, a quick ratio of 1.40 and a debt-to-equity ratio of 3.42.

Sosandar (LON:SOS) last announced its earnings results on Tuesday, July 15th. The company reported GBX (0.22) EPS for the quarter. Sosandar had a negative net margin of 0.91% and a negative return on equity of 2.39%. Equities research analysts anticipate that Sosandar Plc will post 0.489081 EPS for the current year.

Insider Buying and Selling

In other news, insider Adam Reynolds bought 500,000 shares of the stock in a transaction that occurred on Tuesday, July 29th. The stock was bought at an average cost of GBX 575 per share, for a total transaction of £2,875,000. 8.07% of the stock is owned by company insiders.

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.