Sosandar (LON:SOS) Reaches New 12-Month High – Time to Buy?

Sosandar Plc (LON:SOS)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 12.50 and last traded at GBX 11.78, with a volume of 1768672 shares traded. The stock had previously closed at GBX 11.25.

Sosandar Stock Performance

The stock has a market capitalization of £25.69 million, a P/E ratio of -30.20 and a beta of 1.55. The company has a current ratio of 2.62, a quick ratio of 1.40 and a debt-to-equity ratio of 21.33. The company has a 50-day moving average price of GBX 10.29 and a two-hundred day moving average price of GBX 8.33.

Sosandar (LON:SOS) last announced its earnings results on Tuesday, July 14th. The company reported GBX 0.14 EPS for the quarter. Sosandar had a negative return on equity of 5.59% and a negative net margin of 2.46%. On average, equities analysts forecast that Sosandar Plc will post 0.489081 earnings per share for the current 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.