Sosandar (LON:SOS) Shares Down 12.2% – What’s Next?

Shares of Sosandar Plc (LON:SOS) traded down 12.2% during mid-day trading on Tuesday . The company traded as low as GBX 7.01 and last traded at GBX 7.03. 1,348,432 shares changed hands during trading, a decline of 8% from the average session volume of 1,461,096 shares. The stock had previously closed at GBX 8.

Sosandar Price Performance

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 stock has a market capitalization of £18.95 million, a PE ratio of -20.23 and a beta of 2.28. The stock’s 50-day moving average is GBX 7.09 and its 200 day moving average is GBX 6.32.

Sosandar (LON:SOS) last posted its earnings results on Tuesday, November 25th. The company reported GBX (0.44) EPS for the quarter. Sosandar had a negative return on equity of 2.39% and a negative net margin of 0.91%. As a group, equities analysts predict that Sosandar Plc will post 0.489081 earnings per share for the current year.

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. The Sosandar business model is built around using trend-led, exclusive designs produced in-house and then manufactured using a variety of global suppliers. Sosandar caters for a growing market of fashion conscious women, while utilising an outsourced logistics provider that can support its planned growth over the coming years.