SOS (NYSE:SOS) Stock Price Down 1.1% – Here’s What Happened

SOS Limited (NYSE:SOS)’s stock price dropped 1.1% on Wednesday . The company traded as low as $4.66 and last traded at $4.66. Approximately 17,635 shares changed hands during trading, a decline of 67% from the average daily volume of 53,813 shares. The stock had previously closed at $4.71.

SOS Stock Down 1.1 %

The stock’s fifty day moving average price is $5.97 and its 200-day moving average price is $9.45.

Institutional Investors Weigh In On SOS

A hedge fund recently bought a new stake in SOS stock. State Street Corp acquired a new stake in SOS Limited (NYSE:SOS) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 61,556 shares of the company’s stock, valued at approximately $49,000. State Street Corp owned approximately 0.45% of SOS at the end of the most recent reporting period. 1.92% of the stock is currently owned by hedge funds and other 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.