SOS (NYSE:SOS) Shares Down 25.8% – Here’s What Happened

SOS Limited Unsponsored ADR (NYSE:SOSGet Free Report) shares traded down 25.8% on Monday . The company traded as low as $1.02 and last traded at $1.21. 1,042,134 shares were traded during mid-day trading, an increase of 494% from the average session volume of 175,379 shares. The stock had previously closed at $1.63.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of SOS to a “strong sell” rating in a research note on Saturday, August 9th.

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SOS Stock Performance

The business’s 50-day simple moving average is $4.60 and its 200 day simple moving average is $5.07.

SOS Company Profile

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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.

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