SOS Shares Scheduled to Reverse Split on Thursday, November 19th (NYSE:SOS)

SOS Limited Unsponsored ADR (NYSE:SOS)’s stock is set to reverse split on the morning of Thursday, November 19th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, November 18th.

SOS Price Performance

Shares of NYSE SOS traded down $0.03 during trading hours on Tuesday, hitting $0.17. 177,561 shares of the company’s stock were exchanged, compared to its average volume of 404,148. The company’s 50-day moving average price is $0.41 and its 200-day moving average price is $0.95. SOS has a 1-year low of $0.17 and a 1-year high of $2.20.

SOS (NYSE:SOS) last issued its quarterly earnings results on Wednesday, October 7th. The company reported ($1.04) EPS for the quarter. The business had revenue of $24.41 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered SOS from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, October 6th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, SOS has an average rating of “Sell”.

About SOS

SOS Limited (NYSE: SOS) is a holding company focused on technology-driven services and digital asset operations. Through its subsidiaries, the company has provided marketing data, technology solutions and emergency rescue services, with activities spanning areas such as insurance, finance, healthcare and public assistance. The company has also expanded into cryptocurrency mining and related blockchain activities. Its business has included the development and operation of computing and data-center infrastructure used to support digital asset mining, as well as efforts to build capabilities in cryptocurrency-related technology and services.