SOS (NYSE:SOS) Trading Up 3.7% – Should You Buy?

Shares of SOS Limited (NYSE:SOS) shot up 3.7% during mid-day trading on Monday . The company traded as high as $7.70 and last traded at $7.57. 46,785 shares traded hands during trading, an increase of 8% from the average session volume of 43,330 shares. The stock had previously closed at $7.30.

SOS Trading Down 0.5 %

The business’s 50 day moving average is $10.84 and its 200 day moving average is $11.35.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SOS stock. State Street Corp acquired a new stake in SOS Limited (NYSE:SOS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 61,556 shares of the company’s stock, valued at approximately $49,000. State Street Corp owned approximately 0.45% of SOS at the end of the most recent reporting period. Institutional investors and hedge funds own 1.92% of the company’s stock.

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.