SOS (NYSE:SOS) Stock Price Up 3.7% – Time to Buy?

SOS Limited (NYSE:SOS)’s stock price traded up 3.7% during trading on Monday . The company traded as high as $7.70 and last traded at $7.57. 46,785 shares were traded during trading, an increase of 8% from the average session volume of 43,330 shares. The stock had previously closed at $7.30.

SOS Stock Performance

The company’s 50 day moving average price is $11.01 and its two-hundred day moving average price is $11.42.

Institutional Investors Weigh In On SOS

A hedge fund recently bought a new stake in SOS stock. State Street Corp purchased a new stake in shares of SOS Limited (NYSE:SOS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 61,556 shares of the company’s stock, valued at approximately $49,000. State Street Corp owned 0.45% of SOS at the end of the most recent quarter. 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.