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

Sosandar Plc (LON:SOS) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 14 and last traded at GBX 13.43, with a volume of 697972 shares changing hands. The stock had previously closed at GBX 13.67.

Sosandar Stock Performance

The company has a 50-day moving average price of GBX 11.34 and a two-hundred day moving average price of GBX 8.82. The company has a current ratio of 2.77, a quick ratio of 1.40 and a debt-to-equity ratio of 19.66. The stock has a market capitalization of £29.29 million, a P/E ratio of 95.89 and a beta of 1.55.

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 return on equity of 2.09% and a net margin of 0.84%. On average, equities analysts forecast that Sosandar Plc will post 0.489081 earnings per share 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.