Sosandar (LON:SOS) Sets New 1-Year High – Still a Buy?

Sosandar Plc (LON:SOS)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 11.50 and last traded at GBX 11.50, with a volume of 15725 shares trading hands. The stock had previously closed at GBX 10.66.

Sosandar Stock Up 7.9%

The firm has a market cap of £25.58 million, a price-to-earnings ratio of -29.49 and a beta of 1.54. The firm has a 50 day moving average of GBX 9.33 and a 200 day moving average of GBX 7.90. The company has a quick ratio of 1.40, a current ratio of 2.62 and a debt-to-equity ratio of 21.33.

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.