In the last trading session, 46,450,643 shares of the SOS Limited(NYSE:SOS) were traded, and its beta was 1.28. Most recently the company’s share price was $9.83, and it changed around -$1.44 or -0.13% from the last close, which brings the market valuation of the company to $639.75 Million. SOS currently trades at a discount to its 52-week high of $15.88, offering almost -61.55% off that amount. The share price’s 52-week low was $0.51, which indicates that the current value has risen by an impressive 94.81% since then. We note from SOS Limited’s average daily trading volume that its 10-day average is 131.05 Million shares, with the 3-month average coming to 25.32 Million.
SOS Limited stock received a consensus recommendation rating of Hold, based on a mean score of 5. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 1 recommended SOS as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight. SOS Limited is expected to report earnings per share of $0 for the current quarter.
SOS Limited (NYSE:SOS): Trading Information
Although SOS has showed a red trend with a performance of -12.78% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $15.88 on Wednesday, Feb 17 increased the stock’s daily price by 38.1%. The company’s shares are currently up 5.64% year-to-date, but still up 0.3212 over the last five days. On the other hand, SOS Limited (NYSE:SOS) is 3.66% up in the 30-day period. We can see from the shorts that 529.18 Million shares have been sold at a short interest cover period of 20.9 day(s).
The consensus price target as assigned by Wall Street analysts is $20, which translates to bears needing to increase their stock price by 103.46% from its current value. Analyst projections state that SOS is forecast to be at a low of $20 and a high of $20. In order for the stock price to hit the forecast high, the stock would need to surge +103.46% from its current level, while the stock would need to crash 103.46% from its current level to reach the projected low.
SOS Limited (SOS) projections and forecasts
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of $13.03 Million in revenue for the current quarter. 1 analysts expect SOS Limited to make $22.97 Million in revenue for the quarter ending in Apr 2021. The company’s sales for the same quarters a year ago were $34.91 Million and $7.63 Million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -62.7%. Forecasts for the next quarter put sales growth at 200.9%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 14.4%. SOS Limited earnings are expected to increase by 98.6% in 2021, but the outlook is negative 0% per year for the next five years.
SOS Limited (NYSE:SOS)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 12.89% of SOS Limited shares, and 0.61% of them are in the hands of institutional investors. The stock currently has a share float of 0.7%. SOS Limited stock is held by 17 institutions, with HRT Financial LLC being the largest institutional investor. By Sep 29, 2020, it held 0.13% of the shares, which is about 37.22 Thousand shares worth $69.59 Thousand.
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Kore Private Wealth LLC, with 0.11% or 32.21 Thousand shares worth $60.23 Thousand as of Sep 29, 2020, holds the second largest percentage of outstanding shares.