SOS (NYSE:SOS) Releases Earnings Results

SOS (NYSE:SOS) posted its quarterly earnings data on Friday. The company reported ($669.48) EPS for the quarter, reports. The firm had revenue of $32.35 million during the quarter.

SOS Stock Up 1.7%

Shares of SOS traded up $0.02 during midday trading on Friday, reaching $1.13. The stock had a trading volume of 20,893 shares, compared to its average volume of 33,691. SOS has a 52 week low of $0.90 and a 52 week high of $9.62. The firm’s 50 day moving average price is $1.17 and its 200-day moving average price is $1.36.

Institutional Investors Weigh In On SOS

A hedge fund recently bought a new stake in SOS stock. Invesco Ltd. bought a new position in shares of SOS Limited Unsponsored ADR (NYSE:SOS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 315,968 shares of the company’s stock, valued at approximately $439,000. Invesco Ltd. owned 4.65% of SOS as of its most recent SEC filing. 1.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of SOS in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

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.