SOS Limited ADR (SOS) Shares Decline Despite Market Challenges

The stock of SOS Limited ADR (NYSE: SOS) has decreased by -6.24 when compared to last closing price of 0.67.Despite this, the company has seen a loss of -10.66% in its stock price over the last five trading days. globenewswire.com reported 2024-08-21 that Qingdao, China, Aug. 21, 2024 (GLOBE NEWSWIRE) — SOS Limited (NYSE: SOS) (the “Company” or “SOS”), a multifaceted company that engages in the blockchain and cryptocurrency operations and commodity trading, today announced the Company has received a letter from the New York Stock Exchange (the “NYSE”) dated June 27, 2024, notifying SOS that it is below compliance standards due to the trading price of SOS’s American depositary shares (the “ADSs”).

Is It Worth Investing in SOS Limited ADR (NYSE: SOS) Right Now?

SOS has 36-month beta value of 1.33. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The average trading volume of SOS on September 06, 2024 was 115.42K shares.

SOS’s Market Performance

SOS’s stock has seen a -10.66% decrease for the week, with a -19.92% drop in the past month and a -34.07% fall in the past quarter. The volatility ratio for the week is 7.42%, and the volatility levels for the past 30 days are at 5.29% for SOS Limited ADR The simple moving average for the past 20 days is -14.26% for SOS’s stock, with a -70.35% simple moving average for the past 200 days.

SOS Trading at -20.83% from the 50-Day Moving Average

After a stumble in the market that brought SOS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.81% of loss for the given period.

Volatility was left at 5.29%, however, over the last 30 days, the volatility rate increased by 7.42%, as shares sank -19.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.92% lower at present.

During the last 5 trading sessions, SOS fell by -10.66%, which changed the moving average for the period of 200-days by -83.26% in comparison to the 20-day moving average, which settled at $0.7303. In addition, SOS Limited ADR saw -86.25% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for SOS

Current profitability levels for the company are sitting at:

  • -0.05 for the present operating margin
  • 0.15 for the gross margin

The net margin for SOS Limited ADR stands at -0.04. The total capital return value is set at -0.02. Equity return is now at value -0.84, with -0.75 for asset returns.

Based on SOS Limited ADR (SOS), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 25750.66.

Currently, EBITDA for the company is 0.96 million with net debt to EBITDA at -210.28. When we switch over and look at the enterprise to sales, we see a ratio of -1.91. The receivables turnover for the company is -2.72for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.40.

Conclusion

To put it simply, SOS Limited ADR (SOS) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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