Sosandar (LON:SOS) Hits New 52-Week High – Should You Buy?

Shares of Sosandar Plc (LON:SOS) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 14 and last traded at GBX 13.85, with a volume of 418565 shares changing hands. The stock had previously closed at GBX 13.79.

Sosandar Stock Up 0.4%

The stock has a 50-day moving average of GBX 12.72 and a 200 day moving average of GBX 10.02. The company has a market capitalization of £29.89 million, a PE ratio of 98.93 and a beta of 1.58. The company has a quick ratio of 1.40, a current ratio of 2.77 and a debt-to-equity ratio of 19.66.

Sosandar (LON:SOS) last posted its quarterly earnings data on Tuesday, July 14th. The company reported GBX 0.14 earnings per share for the quarter. Sosandar had a return on equity of 2.09% and a net margin of 0.84%. Sell-side 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.