Sosandar (LON:SOS) Sets New 12-Month High – Should You Buy?

Shares of Sosandar Plc (LON:SOS) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 12.50 and last traded at GBX 11.78, with a volume of 1768672 shares. The stock had previously closed at GBX 11.25.

Sosandar Stock Up 2.3%

The firm has a market cap of £25.68 million, a P/E ratio of -30.18 and a beta of 1.55. The firm’s fifty day moving average is GBX 10.41 and its 200 day moving average 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 (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, equities research analysts anticipate that Sosandar Plc will post 0.489081 earnings per share for the current fiscal 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.