SOS Limited (NYSE: SOS)’S Stock Adds 3.31%, But It May Be Worth Investing In

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SOS Limited (NYSE:SOS) price closed higher on Friday, November 12, jumping 3.31% above its previous close.

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A look at the daily price movement shows that the last close reads $1.51, with intraday deals fluctuated between $1.46 and $1.57. The company’s P/E ratio in the trailing 12-month period read 1.73. Taking into account the 52-week price action we note that the stock hit a 52-week high of $15.88 and 52-week low of $1.21. The stock subtracted -26.42% on its value in the past month.

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SOS Limited, which has a market valuation of $282.59 million, is expected to release its quarterly earnings report Sep 10, 2021. Analysts tracking SOS have forecast the quarterly EPS to shrink by 0 per share this quarter, while the same analysts predict the annual EPS to hit $0 for the year 2021 and up to $0 for 2019.

On average, analysts have forecast the company’s revenue for the quarter will hit $13.03 million, with the likely lows of $13.03 million and highs of $13.03 million. The average estimate suggests sales growth for the quarter will likely fall by -62.70% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $70.24 million for the company’s annual revenue in 2018. Per this projection, the revenue is forecast to grow -19.90% below that which the company brought in 2018.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give SOS a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.

Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned SOS a recommendation rating as follows: 1 rate it as a Hold; 0 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the SOS Limited (SOS) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Hold, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.

The overview shows that SOS’s price is at present -29.82% off the SMA20 and -32.76% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 31.41, with weekly volatility standing at 10.55%. The indicator jumps to 8.43% when calculated based on the past 30 days. SOS Limited (NYSE:SOS)’s beta value is holding at 0.45, while the average true range (ATR) indicator is currently reading 0.19. Considering analysts have assigned the stock a price target range of $20.00-$20.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $20.00. Based on this estimate, we see that current price is roughly -1182.05% off the estimated low and -1182.05% off the forecast high. Investors will no doubt be excited to see the share price fall to $20.00, which is the median consensus price, and at that level SOS would be -1182.05% from current price.

An analysis of the SOS Limited (NYSE:SOS) stock in terms of its daily trading volume indicates that the 3-month average is 13.30 million.

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Current records show that the company has 181.15M in outstanding shares. The insiders’ percentage holdings are 89.36% of outstanding shares while the percentage share held by institutions stands at 6.90%. But the 5.41% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.