Sosandar (LON:SOS) Hits New 52-Week Low – Should You Sell?

Sosandar Plc (LON:SOS)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 8 ($0.10) and last traded at GBX 8.02 ($0.10), with a volume of 42882 shares. The stock had previously closed at GBX 8.25 ($0.10).

Sosandar Price Performance

The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.40 and a current ratio of 4.18. The company’s fifty day moving average price is GBX 8.83 and its 200 day moving average price is GBX 9.52. The firm has a market capitalization of £19.11 million, a price-to-earnings ratio of 1,580.00 and a beta of 2.28.

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.