Sosandar (LON:SOS) Hits New 12-Month High – What’s Next?

Shares of Sosandar Plc (LON:SOS) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 14 and last traded at GBX 13.95, with a volume of 89945 shares trading hands. The stock had previously closed at GBX 13.50.

Sosandar Stock Up 3.3%

The stock has a market capitalization of £30.11 million, a P/E ratio of 99.64 and a beta of 1.58. 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 stock’s fifty day moving average is GBX 12.47 and its two-hundred day moving average is GBX 9.82.

Sosandar (LON:SOS) last posted its quarterly earnings results on Tuesday, July 14th. The company reported GBX 0.14 earnings per share (EPS) for the quarter. Sosandar had a return on equity of 2.09% and a net margin of 0.84%. As a group, research analysts predict 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.