SOS (NYSE:SOS) Trading 7.6% Higher – Time to Buy?

Shares of SOS Limited Unsponsored ADR (NYSE:SOS) traded up 7.6% during trading on Tuesday . The company traded as high as $1.52 and last traded at $1.4520. 67,075 shares changed hands during trading, an increase of 61% from the average session volume of 41,672 shares. The stock had previously closed at $1.35.

Analyst Upgrades and Downgrades

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

SOS Stock Up 7.6%

The firm’s fifty day simple moving average is $1.60 and its two-hundred day simple moving average is $3.35.

SOS (NYSE:SOS) last released its quarterly earnings results on Friday, September 26th. The company reported ($1.04) EPS for the quarter. The firm had revenue of $44.80 million for the quarter.

About SOS

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.