SOS (NYSE:SOS) Stock Price Down 0.7% – Time to Sell?

SOS Limited Unsponsored ADR (NYSE:SOS)’s share price traded down 0.7% during trading on Wednesday. The company traded as low as $0.2002 and last traded at $0.2080. 29,420 shares were traded during mid-day trading, a decline of 95% from the average session volume of 550,222 shares. The stock had previously closed at $0.2095.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded SOS from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, October 6th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, SOS presently has a consensus rating of “Sell”.

SOS Stock Performance

The stock has a 50 day moving average of $0.45 and a 200-day moving average of $0.97.

SOS (NYSE:SOS) last released its earnings results on Wednesday, October 7th. The company reported ($1.04) EPS for the quarter. The business had revenue of $24.41 million for the quarter.

SOS Company Profile

SOS Limited (NYSE: SOS) is a holding company focused on technology-driven services and digital asset operations. Through its subsidiaries, the company has provided marketing data, technology solutions and emergency rescue services, with activities spanning areas such as insurance, finance, healthcare and public assistance.

The company has also expanded into cryptocurrency mining and related blockchain activities. Its business has included the development and operation of computing and data-center infrastructure used to support digital asset mining, as well as efforts to build capabilities in cryptocurrency-related technology and services.

SOS Limited has roots in China and has historically conducted much of its operating activity through Chinese subsidiaries.