Sosandar (LON:SOS) Stock Price Up 5% – What’s Next?

Sosandar Plc (LON:SOS)’s stock price was up 5% during trading on Wednesday . The company traded as high as GBX 8.50 and last traded at GBX 8.40. Approximately 8,986,114 shares traded hands during trading, an increase of 91% from the average daily volume of 4,697,741 shares. The stock had previously closed at GBX 8.

Sosandar Stock Up 5.0%

The stock has a market cap of £20.85 million, a PE ratio of -21.54 and a beta of 2.28. The business has a fifty day moving average of GBX 6.99 and a 200-day moving average of GBX 6.34. The company has a debt-to-equity ratio of 3.42, a current ratio of 4.17 and a quick ratio of 1.40.

Sosandar (LON:SOS) last released its quarterly earnings data on Tuesday, November 25th. The company reported GBX (0.44) earnings per share for the quarter. Sosandar had a negative return on equity of 2.39% and a negative net margin of 0.91%. Equities research analysts anticipate that Sosandar Plc will post 0.489081 earnings per share for the current year.

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.