Sosandar (LON:SOS) Hits New 1-Year High – Should You Buy?

Shares of Sosandar Plc (LON:SOS) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 12.50 and last traded at GBX 12, with a volume of 667592 shares trading hands. The stock had previously closed at GBX 12.

Sosandar Price Performance

The stock has a market capitalization of £26.18 million, a P/E ratio of -30.77 and a beta of 1.55. The company’s 50 day simple moving average is GBX 10.74 and its two-hundred day simple moving average is GBX 8.54. The company has a debt-to-equity ratio of 19.66, a current ratio of 2.77 and a quick ratio of 1.40.

Sosandar (LON:SOS) last announced its earnings results on Tuesday, July 14th. The company reported GBX 0.14 EPS for the quarter. Sosandar had a return on equity of 2.09% and a net margin of 0.84%. As a group, equities analysts expect that Sosandar Plc will post 0.489081 EPS for the current fiscal year.

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. The Sosandar business model is built around using trend-led, exclusive designs produced in-house and then manufactured using a variety of global suppliers. Sosandar caters for a growing market of fashion conscious women, while utilising an outsourced logistics provider that can support its planned growth over the coming years.