SOS (NYSE:SOS) Shares Down 12.2% – Should You Sell?

SOS Limited Unsponsored ADR (NYSE:SOS) shares dropped 12.2% during trading on Monday . The company traded as low as $1.10 and last traded at $1.1150. Approximately 90,334 shares changed hands during mid-day trading, an increase of 116% from the average daily volume of 41,867 shares. The stock had previously closed at $1.27.

Analyst Ratings Changes

SOS has been the topic of several recent research reports. Wall Street Zen downgraded SOS from a “hold” rating to a “sell” rating in a research note on Friday, October 3rd. Weiss Ratings reissued a “sell (e+)” rating on shares of SOS in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

SOS Stock Performance

The firm has a 50-day moving average of $1.80 and a 200-day moving average of $3.84.

SOS Company Profile

SOS Limited provides data mining and analysis services to corporate and individual members in the People's Republic of China. It provides marketing data, technology, and solutions for insurance companies; emergency rescue services; and insurance product and health care information portals. The company operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, auto rescue, financial rescue, and life rescue cards; cooperative cloud systems, including information rescue center, intelligent big data, and intelligent software and hardware; and information cloud systems, such as newsToday and E-commerce Today, 10086 hot-line center, information security services, and marketing-related data.