SOS (NYSE:SOS) Trading 18.7% Higher

SOS Limited (NYSE:SOS) shares traded up 18.7% on Friday . The stock traded as high as $0.75 and last traded at $0.75. 126,294 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 248,030 shares. The stock had previously closed at $0.63.

SOS Price Performance

The firm’s 50 day moving average price is $0.74 and its two-hundred day moving average price is $1.02.

Hedge Funds Weigh In On SOS

A number of large investors have recently modified their holdings of the company. Anson Funds Management LP bought a new position in shares of SOS in the first quarter valued at approximately $1,805,000. Virtu Financial LLC lifted its position in SOS by 82.1% during the first quarter. Virtu Financial LLC now owns 31,162 shares of the company’s stock valued at $53,000 after purchasing an additional 14,052 shares during the last quarter. Finally, EntryPoint Capital LLC bought a new stake in SOS during the first quarter valued at approximately $38,000. 1.92% of the stock is currently owned by 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.