Sosandar (LON:SOS) Reaches New 12-Month High – Time to Buy?

Sosandar Plc (LON:SOS – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 11.50 and last traded at GBX 11.40, with a volume of 371975 shares traded. The stock had previously closed at GBX 11.25.

Sosandar Stock 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 firm has a market cap of £24.81 million, a price-to-earnings ratio of -29.17 and a beta of 1.55. The company has a 50 day moving average of GBX 10.17 and a 200 day moving average of GBX 8.27.

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About Sosandar

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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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