SOS Stock Summary and Trading Ideas (Sos Limited American Depositary Shares | NYSE:SOS)

SOS Ltd is a multifaceted company that leverages the power of big data to provide marketing solutions, while also participating in the burgeoning fields of blockchain and cryptocurrency operations, as well as commodity trading. Its product offerings are diversified across four main areas: commodity trading, insurance marketing, cryptocurrency mining, and other service. The company has has three reporting segments: Commodity trading, Cryptocurrency mining and Others. Key revenue is generated from Commodity trading.

Sos Limited American Depositary Shares trades on the NYSE stock market under the symbol SOS.

As of May 17, 2024, SOS stock price declined to $1.13 with 137,390 million shares trading.

SOS has a beta of 1.84, meaning it tends to be more sensitive to market movements. SOS has a correlation of 0.05 to the broad based SPY ETF.

SOS has a market cap of $19.77 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SOS stock traded as high as $218.00 and as low as $1.00.

The top ETF exchange traded funds that SOS belongs to (by Net Assets): SPEM, GMF.

SOS has underperformed the market in the last year with a price return of -71.2% while the SPY ETF gained +29.1%. SOS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -69.5% and -0.9%, respectively, while the SPY returned +6.3% and +3.6%, respectively.

SOS support price is $1.08 and resistance is $1.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SOS stock will trade within this expected range on the day.