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

SOS Limited Unsponsored ADR (NYSE:SOS)’s stock price was up 6.3% on Tuesday . The stock traded as high as $0.99 and last traded at $0.8960. Approximately 51,009 shares changed hands during trading, an increase of 120% from the average session volume of 23,148 shares. The stock had previously closed at $0.8429.

Analyst Ratings Changes

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

SOS Stock Up 6.3%

The stock’s fifty day simple moving average is $1.02 and its 200-day simple moving average is $1.17.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SOS stock. Invesco Ltd. acquired a new stake in shares of SOS Limited Unsponsored ADR (NYSE:SOS) during the 4th quarter, according to the company in its most recent Form 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 as of its most recent SEC filing. Hedge funds and other 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.