SOS (NYSE:SOS) Shares Up 10.5% – Here’s Why

SOS Limited Unsponsored ADR (NYSE:SOS) shares traded up 10.5% on Monday . The company traded as high as $1.1699 and last traded at $1.1050. 155,378 shares traded hands during trading, an increase of 576% from the average daily volume of 22,997 shares. The stock had previously closed at $1.00.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of SOS in a research note on Thursday, June 11th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

SOS Stock Performance

The business has a 50-day moving average price of $1.10 and a 200-day moving average price of $1.29.

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 company had revenue of $32.35 million during the quarter.

Institutional Investors Weigh In On SOS

An institutional investor recently bought a new position in SOS stock. Invesco Ltd. acquired a new stake in shares of SOS Limited Unsponsored ADR (NYSE:SOS) during the fourth quarter, according to its most recent filing 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 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 1.92% of the company’s stock.

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.