SOS Limited (NYSE:SOS) price closed lower on Tuesday, Jan 26, sinking -1.8% below its previous close.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

A look at today’s price movement shows that the recent level at last check reads $2.24, with intraday deals fluctuating between $2.1800 and $2.3100. The company’s 5Y monthly beta was ticking 0.58 while its P/E ratio in the trailing 12-month period read 8.92. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.77 and 52-week low of $0.51. The stock added 72.31% on its value in the past month.

On average, analysts have forecast the company’s revenue for the quarter will hit $13.03 Million, with the likely lows of $13.03 Million and highs of $13.03 Million. The average estimate suggests sales growth for the quarter will likely fall by -62.7% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $70.24 Million for the company’s annual revenue in 2021. Per this projection, the revenue is forecast to drop -19.9% below that which the company brought in 2020.

On the technical perspective front, indicators give SOS a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 25% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned SOS a recommendation rating as follows: 1 rate it as a Hold; none advise Buy while none analyst(s) assign an Outperform rating. None analyst(s) have tagged the SOS Limited (SOS) stock as Underperform, with none recommending Sell. In general, analysts have rated the stock Hold, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0. The overview shows that SOS’s price is at present 12.71% off the SMA20 and 10.8% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 52.47, with weekly volatility standing at 8.76%. The indicator jumps to 17.38% when calculated based on the past 30 days. SOS Limited (NYSE:SOS)’s beta value is holding at 0.58, while the average true range (ATR) indicator is currently reading 0.45. Considering analysts have assigned the stock a price target range of $20-$20 as the low and high respectively, we find the trailing 12-month average consensus price target to be $20. Based on this estimate, we see that today’s price at last check is roughly 809.09% off the estimated low and 809.09% off the forecast high. Investors will no doubt be excited to see the share price rise to $20, which is the median consensus price, and at that level SOS would be +809.09% from recent price.

Turning out attention to how the SOS Limited stock has performed in comparison to its peers in the industry, here’s what we find: SOS’s stock is -1.8% on the day and +16.59% in the past 12 months, while Spotify Technology S.A. (SPOT) traded +0.12% in the latest session and is positioned +127.52% up on its price 12 months ago. Another comparison is with Docusign Inc (DOCU) whose stock price is down -1.46% in the current trading session, and has flourished +229.47% over the past year. Also, Thomson Reuters Corp (TRI) is currently showing downtrend of -1.8% while its price kept floating at 16.59% over the past year. As for SOS Limited, the P/E ratio stands at 8.92 higher than that of Spotify Technology S.A.’s at 0 and Docusign Inc’s 0. Elsewhere in the market, the S&P 500 Index has fell -0.08% in today’s early trading, with the Dow Jones Industrial also seeing a positive session so far with +0.05%.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


An analysis of the SOS Limited (NYSE:SOS) stock in terms of its daily trading volume indicates that the 3-month average is 5.34 Million. However, this figure declines on the past 10-day timeline to an average of 10.08 Million.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Curent records show that the company has 35.21 Million in outstanding shares. According to data from Thomson Reuters, insiders’ percentage holdings are 12.89% of outstanding shares while the percentage share held by institutions stands at 0.61%. The stats also highlight that short interest as of December 30, 2020, stood at 189.42 Million shares, which puts the short ratio at the time at 0.23. From this we can glean that short interest is 0.54% of company’s current outstanding shares. Notably, we see that shares short in December rose slightly given the previous month’s figure stood at 9.62 Million. But the +51.35% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on.

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

LEAVE A REPLY

Please enter your comment!
Please enter your name here