SOS Limited (NYSE:SOS – Free Report)’s stock is scheduled to reverse split on the morning of Wednesday, November 20th. The 1-15 reverse split was announced on Monday, November 4th. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, November 19th.
SOS Price Performance
Shares of NYSE SOS opened at $0.79 on Monday. The company’s 50-day moving average price is $0.77 and its 200 day moving average price is $0.84. SOS has a 52 week low of $0.50 and a 52 week high of $6.88.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. EntryPoint Capital LLC acquired a new stake in shares of SOS in the first quarter worth approximately $38,000. Anson Funds Management LP acquired a new position in shares of SOS in the 1st quarter valued at $1,805,000. Virtu Financial LLC grew its stake in shares of SOS by 82.1% during the 1st quarter. Virtu Financial LLC now owns 31,162 shares of the company’s stock valued at $53,000 after buying an additional 14,052 shares during the period. Finally, State Street Corp acquired a new stake in shares of SOS during the 3rd quarter worth $49,000. Hedge funds and other institutional investors own 1.92% of the company’s stock.
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.
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