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

Sosandar Plc (LON:SOS) shares reached a new 52-week high 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’s 50-day moving average price is GBX 10.74 and its 200-day moving average price is GBX 8.54. 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 company has a market capitalization of £26.18 million, a price-to-earnings ratio of -30.77 and a beta of 1.55.

Sosandar (LON:SOS) last released 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%. Equities research analysts anticipate that Sosandar Plc will post 0.489081 earnings per share 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.