SOS (NYSE:SOS) Shares Up 1.4% – Should You Buy?

SOS Limited Unsponsored ADR (NYSE:SOS) rose 1.4% during mid-day trading on Tuesday . The company traded as high as $1.0550 and last traded at $1.0240. 11,640 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 27,001 shares. The stock had previously closed at $1.01.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of SOS in a report on Thursday, June 11th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

SOS Stock Up 1.4%

The stock has a 50 day simple moving average of $1.06 and a 200-day simple moving average of $1.24.

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

Hedge Funds Weigh In On SOS

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

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.