Sosandar (LON:SOS) Stock Price Down 4.1% – What’s Next?

Shares of Sosandar Plc (LON:SOS) dropped 4.1% during trading on Monday. The stock traded as low as GBX 10.50 and last traded at GBX 10.53. 554,548 shares changed hands during trading, an increase of 9% from the average session volume of 508,141 shares. The stock had previously closed at GBX 10.97.

Sosandar Trading Down 4.1%

The stock has a market capitalization of £22.70 million, a P/E ratio of 75.21 and a beta of 1.58. The company has a current ratio of 2.77, a quick ratio of 1.40 and a debt-to-equity ratio of 19.66. The stock’s fifty day moving average price is GBX 12.93 and its two-hundred day moving average price is GBX 10.87.

Sosandar (LON:SOS) last announced its quarterly earnings data on Tuesday, July 14th. The company reported GBX 0.14 earnings per share (EPS) for the quarter. Sosandar had a net margin of 0.84% and a return on equity of 2.09%. Equities research analysts forecast that Sosandar Plc will post 0.49 EPS for the current 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.