Sosandar (LON:SOS) Sets New 12-Month High – Here’s Why

Sosandar Plc (LON:SOS)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 14 and last traded at GBX 13.51, with a volume of 92349 shares trading hands. The stock had previously closed at GBX 13.70.

Sosandar Price Performance

The company has a debt-to-equity ratio of 19.66, a current ratio of 2.77 and a quick ratio of 1.40. The company has a fifty day moving average price of GBX 13.03 and a 200 day moving average price of GBX 10.33. The company has a market cap of £29.14 million, a PE ratio of 96.43 and a beta of 1.58.

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