SOS (NYSE:SOS) Announces Quarterly Earnings Results

SOS (NYSE:SOS) issued its quarterly earnings results on Friday. The company reported ($669.48) earnings per share for the quarter, reports. The company had revenue of $32.35 million for the quarter.

SOS Price Performance

Shares of NYSE SOS traded up $0.02 during midday trading on Friday, reaching $1.13. 20,893 shares of the stock were exchanged, compared to its average volume of 33,691. SOS has a twelve month low of $0.90 and a twelve month high of $9.62. The firm has a 50-day simple moving average of $1.17 and a two-hundred day simple moving average of $1.36.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On SOS

An institutional investor recently bought a new position in SOS stock. Invesco Ltd. acquired a new position in shares of SOS Limited Unsponsored ADR (NYSE:SOS) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 315,968 shares of the company’s stock, valued at approximately $439,000. Invesco Ltd. owned 4.65% of SOS at the end of the most recent reporting period. 1.92% of the stock is currently owned by institutional investors.

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.