Sosandar (LON:SOS) Releases Quarterly Earnings Results

Sosandar (LON:SOS) issued its quarterly earnings results on Tuesday. The company reported GBX 0.14 EPS for the quarter, Digital Look Earnings reports. Sosandar had a net margin of 0.84% and a return on equity of 2.09%.

Sosandar Price Performance

Shares of SOS stock opened at GBX 11.77 on Thursday. The firm’s 50 day moving average price is GBX 10.41 and its two-hundred day moving average price is GBX 8.39. The company has a debt-to-equity ratio of 19.66, a quick ratio of 1.40 and a current ratio of 2.77. Sosandar has a 52-week low of GBX 4.50 and a 52-week high of GBX 12.50. The stock has a market cap of £25.68 million, a PE ratio of -30.18 and a beta of 1.55.

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.