Sosandar (LON:SOS) Trading Down 3.1% – Should You Sell?

Shares of Sosandar Plc (LON:SOS) fell 3.1% during mid-day trading on Tuesday . The stock traded as low as GBX 12.60 and last traded at GBX 12.60. Approximately 123,813 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 563,552 shares. The stock had previously closed at GBX 13.

Sosandar Stock Down 1.0%

The business has a fifty day simple moving average of GBX 12.05 and a 200 day simple moving average of GBX 9.47. The firm has a market cap of £28.56 million, a price-to-earnings ratio of 93.71 and a beta of 1.59. The company has a debt-to-equity ratio of 19.66, a current ratio of 2.77 and a quick ratio of 1.40.

Sosandar (LON:SOS) last issued its quarterly earnings results on Tuesday, July 14th. The company reported GBX 0.14 earnings per share (EPS) for the quarter. Sosandar had a return on equity of 2.09% and a net margin of 0.84%. As a group, equities analysts forecast that Sosandar Plc will post 0.489081 EPS for the current fiscal year.

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. 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.