Sosandar (LON:SOS) Stock Price Up 5% – Still a Buy?

Sosandar Plc (LON:SOS) shares rose 5% on Tuesday . The stock traded as high as GBX 9 and last traded at GBX 8.90. Approximately 197,987 shares were traded during trading, a decline of 71% from the average daily volume of 673,105 shares. The stock had previously closed at GBX 8.48.

Sosandar Stock Performance

The company has a market cap of £19.88 million, a P/E ratio of -22.82 and a beta of 1.39. The company’s 50-day moving average is GBX 7.11 and its two-hundred day moving average is GBX 7.10. The company has a quick ratio of 1.40, a current ratio of 2.62 and a debt-to-equity ratio of 21.33.

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.