Sosandar (LON:SOS) Hits New 12-Month High – What’s Next?

Sosandar Plc (LON:SOS) reached a new 52-week high on Wednesday . The stock traded as high as GBX 11.50 and last traded at GBX 11.50, with a volume of 130660 shares. The stock had previously closed at GBX 10.71.

Sosandar Stock Up 7.4%

The company has a current ratio of 2.62, a quick ratio of 1.40 and a debt-to-equity ratio of 21.33. The firm has a market cap of £25.58 million, a price-to-earnings ratio of -29.49 and a beta of 1.50. The firm has a 50-day moving average of GBX 8.59 and a two-hundred day moving average of GBX 7.67.

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.