Sosandar (LON:SOS) Trading 2.1% Higher – What’s Next?

Sosandar Plc (LON:SOS)’s share price traded up 2.1% during trading on Tuesday . The company traded as high as GBX 7.40 and last traded at GBX 7.40. 58,433 shares were traded during mid-day trading, a decline of 94% from the average session volume of 968,413 shares. The stock had previously closed at GBX 7.25.

Sosandar Price Performance

The company has a quick ratio of 1.40, a current ratio of 4.17 and a debt-to-equity ratio of 3.42. The stock has a market cap of £16.90 million, a P/E ratio of -18.97 and a beta of 2.28. The firm has a 50 day moving average price of GBX 7.44 and a 200 day moving average price of GBX 6.47.

Sosandar (LON:SOS) last announced its quarterly earnings results on Tuesday, November 25th. The company reported GBX (0.44) EPS for the quarter. Sosandar had a negative net margin of 0.91% and a negative return on equity of 2.39%. On average, analysts forecast that Sosandar Plc will post 0.489081 EPS for the current fiscal 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.