Sosandar (LON:SOS) Shares Up 10.5% – Should You Buy?

Sosandar Plc (LON:SOS) rose 10.5% on Monday . The stock traded as high as GBX 7.50 ($0.09) and last traded at GBX 7.17 ($0.09). Approximately 2,206,611 shares traded hands during trading, an increase of 287% from the average daily volume of 569,719 shares. The stock had previously closed at GBX 6.50 ($0.08).

Sosandar Stock Up 10.5 %

The company has a market cap of £17.81 million, a P/E ratio of 1,580.00 and a beta of 2.28. The company has a debt-to-equity ratio of 3.42, a current ratio of 4.18 and a quick ratio of 1.40. The business’s 50 day moving average price is GBX 8.73 and its 200-day moving average price is GBX 9.46.

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.