SOS (NYSE:SOS) Trading Up 3.8% – Here’s Why

SOS Limited Unsponsored ADR (NYSE:SOS)’s share price traded up 3.8% on Friday . The company traded as high as $1.1270 and last traded at $1.1110. 11,699 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 21,556 shares. The stock had previously closed at $1.07.

SOS Stock Up 3.8%

The business’s 50 day simple moving average is $1.10 and its two-hundred day simple moving average is $1.32.

SOS (NYSE:SOS) last released its quarterly earnings data on Friday, May 15th. The company reported ($669.48) earnings per share for the quarter. The business had revenue of $32.35 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SOS stock. Invesco Ltd. acquired a new stake in SOS Limited Unsponsored ADR (NYSE:SOS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 315,968 shares of the company’s stock, valued at approximately $439,000. Invesco Ltd. owned approximately 4.65% of SOS at the end of the most recent quarter. 1.92% of the stock is currently owned by institutional investors.

SOS Company Profile

SOS Limited is a China-based specialty chemical company that develops, manufactures and markets a broad portfolio of water treatment, glycol and surfactant products. Founded in 1997 and headquartered in Shanghai, the company focuses on delivering high-performance solutions for industrial, municipal and household applications. Its core mission is to address water conservation and pollution control challenges while supporting downstream industries with essential chemical inputs.

The company’s primary offerings include a range of water treatment chemicals such as coagulants, flocculants and scale inhibitors designed for use in power plants, petrochemical facilities, and municipal waterworks.