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

Sosandar Plc (LON:SOS) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 13.50 and last traded at GBX 13.20, with a volume of 934573 shares changing hands. The stock had previously closed at GBX 13.

Sosandar Price Performance

The company has a market cap of £30.21 million, a PE ratio of -35.51 and a beta of 1.55. 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 firm’s 50-day moving average is GBX 11.18 and its 200-day moving average is GBX 8.73.

Sosandar (LON:SOS) last released its earnings results on Tuesday, July 14th. The company reported GBX 0.14 earnings per share for the quarter. Sosandar had a net margin of 0.84% and a return on equity of 2.09%. On average, equities analysts anticipate that Sosandar Plc will post 0.489081 EPS for the current year.

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.