SOS (NYSE:SOS) Trading Up 6.3% – What’s Next?

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

Wall Street Analyst Weigh In

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

SOS Trading Up 6.3%

The stock’s 50-day moving average price is $1.02 and its 200-day moving average price is $1.17.

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

Institutional Investors Weigh In On SOS

An institutional investor recently bought a new stake in SOS stock. Invesco Ltd. bought a new position in shares of SOS Limited Unsponsored ADR (NYSE:SOS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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.