Sosandar (LON:SOS) Hits New 1-Year High – Here’s Why

Sosandar Plc (LON:SOS) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 14 and last traded at GBX 13.95, with a volume of 89945 shares. The stock had previously closed at GBX 13.50.

Sosandar Trading Up 3.3%

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 firm has a 50-day moving average price of GBX 12.47 and a 200-day moving average price of GBX 9.82. The company has a market capitalization of £30.11 million, a price-to-earnings ratio of 99.64 and a beta of 1.58.

Sosandar (LON:SOS) last announced 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%. As a group, sell-side analysts predict that Sosandar Plc will post 0.489081 EPS 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.