SOS (NYSE:SOS) Trading 18.7% Higher

SOS Limited (NYSE:SOS) shares rose 18.7% on Friday . The company traded as high as $0.75 and last traded at $0.75. Approximately 126,294 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 248,030 shares. The stock had previously closed at $0.63.

SOS Stock Up 18.7 %

The stock’s fifty day moving average price is $0.74 and its two-hundred day moving average price is $1.02.

Institutional Investors Weigh In On SOS

A number of hedge funds have recently made changes to their positions in the business. Anson Funds Management LP bought a new stake in shares of SOS in the 1st quarter worth approximately $1,805,000. Virtu Financial LLC increased its stake in shares of SOS by 82.1% in the first quarter. Virtu Financial LLC now owns 31,162 shares of the company’s stock worth $53,000 after buying an additional 14,052 shares during the period. Finally, EntryPoint Capital LLC purchased a new position in shares of SOS in the first quarter worth $38,000. 1.92% of the stock is currently owned by institutional investors.

SOS Company Profile

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.