SOS (NYSE:SOS) Stock Price Down 2% – Should You Sell?
by Kim Johansen · The Markets DailySOS Limited Unsponsored ADR (NYSE:SOS – Get Free Report) shares fell 2% during trading on Tuesday . The stock traded as low as $1.5201 and last traded at $1.5486. 19,319 shares changed hands during trading, a decline of 73% from the average session volume of 70,638 shares. The stock had previously closed at $1.58.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the company. Wall Street Zen downgraded SOS from a “hold” rating to a “sell” rating in a research note on Friday, October 3rd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SOS in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.
Read Our Latest Analysis on SOS
SOS Price Performance
The company has a fifty day simple moving average of $1.47 and a two-hundred day simple moving average of $2.84.
SOS (NYSE:SOS – Get Free Report) last announced its earnings results on Friday, September 26th. The company reported ($1.04) earnings per share (EPS) for the quarter. The business had revenue of $44.80 million for the quarter.
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.