Sosandar (LON:SOS) Trading 10.1% Higher – Should You Buy?

Sosandar Plc (LON:SOS)’s share price rose 10.1% during trading on Wednesday . The company traded as high as GBX 6.17 ($0.08) and last traded at GBX 6.17 ($0.08). Approximately 400,206 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 434,076 shares. The stock had previously closed at GBX 5.60 ($0.07).

Sosandar Stock Up 12.1 %

The stock has a market cap of £15.59 million, a P/E ratio of -36.85 and a beta of 2.28. The company has a quick ratio of 1.40, a current ratio of 4.17 and a debt-to-equity ratio of 3.42. The company has a 50-day simple moving average of GBX 6.79 and a two-hundred day simple moving average of GBX 8.57.

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.