Sosandar (LON:SOS) Reaches New 1-Year Low – Here’s Why

Sosandar Plc (LON:SOSGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 6.50 ($0.08) and last traded at GBX 6.83 ($0.08), with a volume of 599485 shares changing hands. The stock had previously closed at GBX 7 ($0.09).

Sosandar Trading Up 5.9 %

The firm has a market capitalization of £17.74 million, a P/E ratio of 1,580.00 and a beta of 2.28. The stock has a 50-day simple moving average of GBX 8.50 and a two-hundred day simple moving average of GBX 9.37. The company has a current ratio of 4.18, a quick ratio of 1.40 and a debt-to-equity ratio of 3.42.

About Sosandar

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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.

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