SOS (NYSE:SOS) Trading Up 0.9% – Here’s Why

SOS Limited Unsponsored ADR (NYSE:SOSGet Free Report) was up 0.9% during trading on Thursday . The stock traded as high as $1.15 and last traded at $1.12. Approximately 9,344 shares traded hands during trading, a decline of 80% from the average daily volume of 46,768 shares. The stock had previously closed at $1.11.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Analysis on SOS

SOS Stock Up 3.2%

The stock’s 50 day moving average is $1.19 and its two-hundred day moving average is $1.38.

Hedge Funds Weigh In On SOS

An institutional investor recently bought a new position in SOS stock. Invesco Ltd. acquired a new stake in shares of SOS Limited Unsponsored ADR (NYSE:SOSFree Report) 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 approximately 4.65% of SOS as of its most recent SEC filing. 1.92% of the stock is owned by institutional investors and hedge funds.

SOS Company Profile

(Get Free Report)

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.

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