Sondrel (LON:SND) Trading Up 22.2% – What’s Next?

Sondrel (Holdings) plc (LON:SND)’s share price traded up 22.2% during trading on Thursday . The company traded as high as GBX 1.60 ($0.02) and last traded at GBX 1.38 ($0.02). 7,374,791 shares changed hands during trading, an increase of 366% from the average session volume of 1,582,900 shares. The stock had previously closed at GBX 1.13 ($0.01).

Sondrel Price Performance

The stock’s 50 day moving average is GBX 1.38 and its two-hundred day moving average is GBX 3.07. The company has a debt-to-equity ratio of 7.56, a current ratio of 0.20 and a quick ratio of 0.81. The stock has a market capitalization of £2.37 million and a PE ratio of -5.50.

Sondrel Company Profile

Sondrel (Holdings) plc engages in fabless semiconductor business. It provides turnkey services in the design and delivery of application specific integrated circuits and system on chips for technology brands. Its products are used in mobile phones, cameras, security systems, AR/VR systems, and other applications.