SOS (NYSE:SOS) Stock Price Up 12.1% – Should You Buy?

SOS Limited Unsponsored ADR (NYSE:SOS) shares traded up 12.1% on Monday . The company traded as high as $1.50 and last traded at $1.39. 74,544 shares traded hands during mid-day trading, an increase of 289% from the average session volume of 19,139 shares. The stock had previously closed at $1.24.

Wall Street Analysts Forecast Growth

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

SOS Stock Up 12.1%

The firm has a fifty day moving average price of $1.47 and a 200-day moving average price of $1.56.

Institutional Investors Weigh In On SOS

An institutional investor recently bought a new position in SOS stock. Invesco Ltd. bought a new position in shares of SOS Limited Unsponsored ADR (NYSE:SOS) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 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. Hedge funds and other institutional investors own 1.92% of the company’s stock.

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.