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

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

Sosandar Stock Down 0.6 %

The firm’s 50 day simple moving average is GBX 8.83 and its 200 day simple moving average is GBX 9.52. The company has a market cap of £19.11 million, a price-to-earnings ratio of 1,580.00 and a beta of 2.28. The company has a quick ratio of 1.40, a current ratio of 4.18 and a debt-to-equity ratio of 3.42.

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.