Sosandar (LON:SOS) Shares Down 2.6% – Time to Sell?

Sosandar Plc (LON:SOS) shares were down 2.6% on Wednesday . The stock traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.55 ($0.10). Approximately 1,060 shares were traded during trading, a decline of 100% from the average daily volume of 503,673 shares. The stock had previously closed at GBX 7.75 ($0.10).

Sosandar Stock Performance

The company’s fifty day simple moving average is GBX 6.54 and its 200 day simple moving average is GBX 8.30. The company has a current ratio of 4.17, a quick ratio of 1.40 and a debt-to-equity ratio of 3.42. The stock has a market capitalization of £18.62 million, a P/E ratio of -44.01 and a beta of 2.28.

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.