SOS (NYSE:SOS) Trading Up 3.8% – Here’s Why

SOS Limited Unsponsored ADR (NYSE:SOS) shares were up 3.8% on Friday . The stock traded as high as $1.1270 and last traded at $1.1110. Approximately 11,699 shares were traded during trading, a decline of 46% from the average daily volume of 21,556 shares. The stock had previously closed at $1.07.

SOS Stock Up 3.8%

The business’s fifty day moving average price is $1.10 and its 200 day moving average price is $1.32.

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

Institutional Investors Weigh In On SOS

A hedge fund recently bought a new stake in SOS stock. Invesco Ltd. acquired a new position in shares of SOS Limited Unsponsored ADR (NYSE:SOS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 315,968 shares of the company’s stock, valued at approximately $439,000. Invesco Ltd. owned about 4.65% of SOS at the end of the most recent quarter. 1.92% of the stock is owned by institutional investors and hedge funds.

SOS Company Profile

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.