SOS (NYSE:SOS) Trading Down 1.3% – What’s Next?

SOS Limited (NYSE:SOS) fell 1.3% on Monday . The company traded as low as $7.57 and last traded at $7.69. 29,785 shares changed hands during trading, an increase of 54% from the average session volume of 19,370 shares. The stock had previously closed at $7.79.

SOS Stock Up 40.9 %

The company has a fifty day simple moving average of $14.11 and a 200-day simple moving average of $12.97.

Hedge Funds Weigh In On SOS

A number of institutional investors have recently bought and sold shares of the company. Virtu Financial LLC raised its position in SOS by 82.1% in the first quarter. Virtu Financial LLC now owns 31,162 shares of the company’s stock valued at $53,000 after purchasing an additional 14,052 shares during the period. EntryPoint Capital LLC purchased a new position in shares of SOS during the 1st quarter worth $38,000. Finally, State Street Corp acquired a new stake in shares of SOS during the 3rd quarter worth about $49,000. 1.92% of the stock is owned by hedge funds and other institutional investors.

About SOS

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.