Sosandar (LON:SOS) Reaches New 52-Week High – Here’s What Happened

Sosandar Plc (LON:SOS – Get Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 11.50 and last traded at GBX 11.50, with a volume of 15725 shares changing hands. The stock had previously closed at GBX 10.66.

Sosandar Stock Performance

The company has a market capitalization of £25.58 million, a P/E ratio of -29.49 and a beta of 1.54. The company has a debt-to-equity ratio of 21.33, a current ratio of 2.62 and a quick ratio of 1.40. The company has a fifty day moving average price of GBX 9.33 and a two-hundred day moving average price of GBX 7.90.

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Sosandar Company Profile

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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.

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