SOS (NYSE:SOS) Shares Down 1.3% – Time to Sell?

SOS Limited (NYSE:SOS) shares traded down 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 Performance

The business’s 50-day simple moving average is $14.11 and its 200-day simple moving average is $12.97.

Institutional Investors Weigh In On SOS

Large investors have recently bought and sold shares of the company. State Street Corp purchased a new stake in shares of SOS during the third quarter worth $49,000. Virtu Financial LLC raised its holdings in SOS by 82.1% in the 1st quarter. Virtu Financial LLC now owns 31,162 shares of the company’s stock valued at $53,000 after acquiring an additional 14,052 shares during the last quarter. Finally, EntryPoint Capital LLC purchased a new position in SOS in the 1st quarter worth approximately $38,000. 1.92% of the stock is currently 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.