SOS (NYSE:SOS) Shares Up 1.4% – Should You Buy?

SOS Limited Unsponsored ADR (NYSE:SOS) shares rose 1.4% during trading on Tuesday . The stock traded as high as $1.0550 and last traded at $1.0240. Approximately 11,640 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 27,001 shares. The stock had previously closed at $1.01.

Wall Street Analysts Forecast Growth

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

SOS Stock Down 1.9%

The business’s 50 day simple moving average is $1.06 and its two-hundred day simple moving average is $1.24.

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

Institutional Inflows and Outflows

A hedge fund 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 4th quarter, according to its most recent 13F filing with the SEC. 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 and hedge funds.

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.