Sosandar Plc (LON:SOS) Insider Adam Reynolds Purchases 500,000 Shares

Sosandar Plc (LON:SOS) insider Adam Reynolds acquired 500,000 shares of the company’s stock in a transaction on Tuesday, July 29th. The stock was acquired at an average cost of GBX 575 ($7.62) per share, for a total transaction of £2,875,000 ($3,811,986.21).

Sosandar Trading Down 0.9%

Shares of SOS stock opened at GBX 5.95 ($0.08) on Thursday. Sosandar Plc has a 1-year low of GBX 4.95 ($0.07) and a 1-year high of GBX 11.43 ($0.15). The company has a market cap of £14.76 million, a price-to-earnings ratio of -34.89 and a beta of 2.28. The company has a debt-to-equity ratio of 3.42, a current ratio of 4.17 and a quick ratio of 1.40. The stock has a 50 day simple moving average of GBX 7.85 and a 200-day simple moving average of GBX 7.08.

Sosandar (LON:SOS) last issued its quarterly earnings results on Tuesday, July 15th. The company reported GBX (0.22) ($0.00) EPS for the quarter. Sosandar had a negative return on equity of 2.39% and a negative net margin of 0.91%. On average, equities research analysts expect that Sosandar Plc will post 0.489081 EPS for the current fiscal year.

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.