Sosandar (LON:SOS) Announces Quarterly Earnings Results

Sosandar (LON:SOS) issued its quarterly earnings data on Tuesday. The company reported GBX 0.14 earnings per share for the quarter, Digital Look Earnings reports. Sosandar had a negative return on equity of 5.59% and a negative net margin of 2.46%.

Sosandar Stock Performance

Shares of SOS stock opened at GBX 11.36 on Tuesday. The stock has a fifty day moving average of GBX 10.29 and a 200 day moving average of GBX 8.33. Sosandar has a 52 week low of GBX 4.50 and a 52 week high of GBX 12.50. The firm has a market capitalization of £24.78 million, a price-to-earnings ratio of -29.13 and a beta of 1.55. The company has a quick ratio of 1.40, a current ratio of 2.62 and a debt-to-equity ratio of 21.33.

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.