SOS (NYSE:SOS) Trading Up 6.3% – Time to Buy?

SOS Limited Unsponsored ADR (NYSE:SOS) rose 6.3% during trading on Tuesday . The stock traded as high as $0.99 and last traded at $0.8960. 51,009 shares were traded during mid-day trading, an increase of 120% from the average daily volume of 23,148 shares. The stock had previously closed at $0.8429.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of SOS in a research report on Thursday, June 11th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

SOS Price Performance

The stock’s 50 day moving average is $1.01 and its two-hundred day moving average is $1.17.

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

Institutional Trading of SOS

A hedge fund recently bought a new position in SOS stock. Invesco Ltd. purchased a new stake in SOS Limited Unsponsored ADR (NYSE:SOS) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 315,968 shares of the company’s stock, valued at approximately $439,000. Invesco Ltd. owned 4.65% of SOS at the end of the most recent reporting period. Institutional investors own 1.92% of the company’s stock.

About SOS

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.