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

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

Sosandar Price Performance

The company has a quick ratio of 1.40, a current ratio of 2.62 and a debt-to-equity ratio of 21.33. The stock has a market capitalization of £25.58 million, a price-to-earnings ratio of -29.49 and a beta of 1.50. The company’s 50-day simple moving average is GBX 8.59 and its 200 day simple moving average is 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.