SOS (NYSE:SOS) Shares Up 3.8% – Still a Buy?

Shares of SOS Limited Unsponsored ADR (NYSE:SOS) shot up 3.8% on Friday . The company traded as high as $1.1270 and last traded at $1.1110. 11,699 shares were traded during trading, a decline of 46% from the average session volume of 21,556 shares. The stock had previously closed at $1.07.

SOS Trading Up 3.8%

The stock has a fifty day moving average of $1.10 and a two-hundred day moving average of $1.32.

SOS (NYSE:SOS) last released its quarterly earnings results on Friday, May 15th. The company reported ($669.48) earnings per share for the quarter. The company had revenue of $32.35 million during the quarter.

Institutional Investors Weigh In On SOS

An institutional investor recently bought a new position in SOS stock. Invesco Ltd. purchased a new stake in shares of SOS Limited Unsponsored ADR (NYSE:SOS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 315,968 shares of the company’s stock, valued at approximately $439,000. Invesco Ltd. owned approximately 4.65% of SOS at the end of the most recent reporting period. 1.92% of the stock is owned by institutional investors and hedge funds.

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.