Shares of Sosandar Plc (LON:SOS – Get Free Report) traded up 5.8% on Monday . The stock traded as high as GBX 6.50 ($0.09) and last traded at GBX 6.14 ($0.08). 7,134,374 shares traded hands during mid-day trading, an increase of 951% from the average session volume of 678,612 shares. The stock had previously closed at GBX 5.80 ($0.08).
Sosandar Stock Performance
The company has a market capitalization of £17.08 million, a PE ratio of -31.27 and a beta of 2.28. The company has a 50 day moving average of GBX 5.30 and a two-hundred day moving average of GBX 6.55. The company has a debt-to-equity ratio of 3.42, a current ratio of 4.17 and a quick ratio of 1.40.
Insiders Place Their Bets
In other news, insider Adam Reynolds purchased 500,000 shares of Sosandar stock in a transaction that occurred on Tuesday, July 29th. The shares were bought at an average cost of GBX 575 per share, with a total value of £2,875,000. 8.07% of the stock is currently owned by insiders.
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.
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