SOS (NYSE:SOS) Stock Price Down 12.2% – Time to Sell?

Shares of SOS Limited Unsponsored ADR (NYSE:SOS) dropped 12.2% during trading on Monday . The stock traded as low as $1.10 and last traded at $1.1150. Approximately 90,334 shares changed hands during mid-day trading, an increase of 116% from the average daily volume of 41,867 shares. The stock had previously closed at $1.27.

Wall Street Analysts Forecast Growth

SOS has been the subject of several analyst reports. Wall Street Zen cut shares of SOS from a “hold” rating to a “sell” rating in a research note on Friday, October 3rd. Weiss Ratings restated a “sell (e+)” rating on shares of SOS in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

SOS Trading Down 6.1%

The firm has a fifty day moving average price of $1.78 and a 200-day moving average price of $3.82.

SOS Company Profile

SOS Limited provides data mining and analysis services to corporate and individual members in the People's Republic of China. It provides marketing data, technology, and solutions for insurance companies; emergency rescue services; and insurance product and health care information portals. The company operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, auto rescue, financial rescue, and life rescue cards; cooperative cloud systems, including information rescue center, intelligent big data, and intelligent software and hardware; and information cloud systems, such as newsToday and E-commerce Today, 10086 hot-line center, information security services, and marketing-related data.