Sosandar (LON:SOS) Reaches New 1-Year High – Time to Buy?

Shares of Sosandar Plc (LON:SOS) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 13.50 and last traded at GBX 13.20, with a volume of 934573 shares traded. The stock had previously closed at GBX 13.

Sosandar Stock Performance

The company has a debt-to-equity ratio of 19.66, a quick ratio of 1.40 and a current ratio of 2.77. The firm has a market capitalization of £28.80 million, a price-to-earnings ratio of -33.85 and a beta of 1.55. The company has a fifty day moving average of GBX 11.02 and a two-hundred day moving average of GBX 8.66.

Sosandar (LON:SOS) last announced its earnings results on Tuesday, July 14th. The company reported GBX 0.14 earnings per share (EPS) for the quarter. Sosandar had a net margin of 0.84% and a return on equity of 2.09%. As a group, equities research analysts predict that Sosandar Plc will post 0.489081 earnings per share for the current fiscal 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.