Global X Management Co. LLC recently announced the acquisition of new stake in SOS Limited (NYSE:SOS). The institutional investor has increased its shareholding in the Technology company by 24.98% to 36475.0 shares with purchase of 7291.0 shares. This fresh investment now brings its stake to 0.61% valued currently at $99577.0. In addition, UBS Securities LLC raised its holdings by 3796.0 to 3796.0 shares. And IFP Advisors, Inc. has lifted its position by 4,870.00% or 3409.0 shares – to 3479.0 shares.
With over 0.74 million SOS Limited (SOS) shares trading Friday and a closing price of $6.85 on the day, the dollar volume was approximately $5.09 million. The shares have shown a positive half year performance of 35.91% and its price on 01/13/23 gained nearly 27.32%. Currently, there are 6.32M common shares owned by the public and among those 5.97M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 1 analysts who have offered their price forecasts for SOS have a consensus price objective of $100.00. The analysts have set the share’s price value over the next 12 months at a high of $100.00 and a low of $100.00. But an upside of 93.15% will see the stock hit the forecast high price target while median target price for the stock is $100.00.
The top 3 mutual fund holders in SOS Limited are SPDR Portfolio Emerging Markets E, Sigma, and BMO MSCI Innovation Index ETF. SPDR Portfolio Emerging Markets E owns 3255.0 shares of the company’s stock, all valued at over $8886.0. BMO MSCI Innovation Index ETF now owns shares totaling to 0.00% of the shares outstanding.
Shares of SOS Limited (NYSE: SOS) opened at $5.60, up $0.22 from a prior closing price of $5.38. However, the script later moved the day high at 6.95, up 27.32%. The company’s stock has a 5-day price change of 98.55% and 53.59% over the past three months. SOS shares are trading 150.92% year to date (YTD), with the 12-month market performance down to -83.91% lower. It has a 12-month low price of $2.54 and touched a high of $48.74 over the same period. SOS has an average intraday trading volume of 70.90K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 94.82%, 66.16%, and -31.70% respectively.
Institutional ownership of SOS Limited (NYSE: SOS) shares accounts for 1.80% of the company’s 6.32M shares outstanding. Mutual fund holders own 0.06%, while other institutional holders and individual stakeholders account for 1.41% and — respectively.
It has a market capitalization of $33.98M and a beta (3y monthly) value of 0.79. The earnings-per-share (ttm) stands at -$298.00. The company has a debt-to-equity ratio at 0.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 18.30% over the week and 10.61% over the month.
Analysts forecast that SOS Limited (SOS) will achieve an EPS of $0 for the current quarter, $0 for the next quarter and $0 for 2019. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0. Comparatively, EPS for the current quarter was $5 a year ago.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate SOS Limited (SOS) as a “Strong Sell” at a consensus score of 5.00. Specifically, 0 Wall Street analysts polled rate the stock as a buy, while 1 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”