Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Sosandar PLC ( (GB:SOS) ).
Sosandar plc has repurchased 2,000,000 of its own ordinary shares at 7.5p per share, equivalent to approximately 0.8% of its issued share capital, under an existing shareholder authority, and will hold the shares in treasury rather than cancel them. Following this transaction, Sosandar’s total issued share capital remains 248,226,513 ordinary shares, of which 14,190,000 are held in treasury, leaving 234,036,513 shares carrying voting rights, a figure that investors will use for regulatory disclosure thresholds and monitoring their ownership stakes.
The most recent analyst rating on (GB:SOS) stock is a Hold with a £7.50 price target. To see the full list of analyst forecasts on Sosandar PLC stock, see the GB:SOS Stock Forecast page.
Spark’s Take on GB:SOS Stock
According to Spark, TipRanks’ AI Analyst, GB:SOS is a Neutral.
Sosandar PLC’s stock score is driven by positive technical indicators and encouraging corporate events, despite financial and valuation challenges. The company’s strategic initiatives and insider confidence provide a positive outlook, but profitability and cash flow issues remain significant concerns.
To see Spark’s full report on GB:SOS stock, click here.
More about Sosandar PLC
Sosandar plc is a UK-based women’s fashion brand targeting style-conscious women seeking an alternative to lower quality, price-led retailers. It offers predominantly own-label, fashion-forward and affordable clothing across all key womenswear categories, sold through its own website, physical stores and high-value partnerships with retailers such as NEXT and Marks & Spencer. Founded in 2016 and listed on AIM in 2017, the company focuses on data-driven product development, seamless customer experience and multi-channel distribution to grow brand awareness and expand its addressable market.
Average Trading Volume: 1,119,913
Technical Sentiment Signal: Strong Sell
Current Market Cap: £18.88M
Learn more about SOS stock on TipRanks’ Stock Analysis page.