Sosandar (LON:SOS) Sets New 52-Week High – Still a Buy?

Sosandar Plc (LON:SOS)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 14 and last traded at GBX 13.95, with a volume of 89945 shares trading hands. The stock had previously closed at GBX 13.50.

Sosandar Stock Performance

The company has a quick ratio of 1.40, a current ratio of 2.77 and a debt-to-equity ratio of 19.66. The stock has a market cap of £30.22 million, a price-to-earnings ratio of 100.00 and a beta of 1.58. The company has a 50 day simple moving average of GBX 12.61 and a 200 day simple moving average of GBX 9.92.

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