Sosandar (LON:SOS) Reaches New 52-Week High – Here’s Why

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

Sosandar Stock Down 6.9%

The business’s fifty day moving average price is GBX 11.44 and its 200 day moving average price is GBX 8.90. The firm has a market capitalization of £27.42 million, a price-to-earnings ratio of 89.77 and a beta of 1.55. The company has a current ratio of 2.77, a quick ratio of 1.40 and a debt-to-equity ratio of 19.66.

Sosandar (LON:SOS) last issued its quarterly 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 expect 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.