why is sos stock going down

by Lennie Oberbrunner Published 3 years ago Updated 2 years ago

Is the SOS limited (SOS) stock down 5 days in a row?

The SOS Limited stock price fell by -1. 17% on the last day (Friday, 4th Mar 2022) from $0. 68 to $0. 67. and has now fallen 5 days in a row. During the day the stock fluctuated 6. 14% from a day low at $0. 66 to a day high of $0. 70. The price has fallen in 8 of the last 10 days and is down by -14. 98% for this period.

When does SOS release its next quarterly earnings?

SOS is scheduled to release its next quarterly earnings announcement on Wednesday, May 4th 2022. View our earnings forecast for SOS. Who are SOS's key executives?

What is the main business of the SOS company?

SOS Ltd. is a holding company, which provides marketing data, technology and solutions to the emergency rescue services in China. It focuses on the research and development of big data, cloud computing, Internet of Things, blockchain and artificial intelligence.

Is SOS hosting Fyre Festival 2 for investors?

Sign in to post a message. SOS hosting Fyre Festival 2 for investors this summer at their new plant in Wisconsin. SOS promising performances by Led Zeppelin, The Beatles, Michael Jackson, Tupac, Amy Winehouse, Nirvana and Adele. Free admission with purchase of 20,000 shares of SOS.

Why is SOS Limited so low?

SOS – Shares of China-based emerging blockchain company SOS limited (SOS) have plunged 82.5% over the past nine months due to China's regulatory crackdown on tech firms. In addition, the company's recent private placement to fund its growth did not bode well.

Is SOS a good stock to buy now?

SOS (NYSE:SOS) is down to 47 cents per share compared to over $7 per share in March 2021. The company recently sold over 35 million American depositary shares at 56 cents to raise new funds. Management's lack of vision and clarity makes SOS stock a tough buy.

Will SOS ever go up?

During the day the stock fluctuated 5.62% from a day low at $0.35 to a day high of $0.37. The price has fallen in 6 of the last 10 days and is down by -9.79% for this period....Predicted Opening Price for SOS Limited of Tuesday, May 31, 2022.Fair opening price May 31, 2022Current price$0.36$0.36 (Overvalued)

What is the prediction for SOS stock?

The 1 analysts offering 12-month price forecasts for Sos Ltd have a median target of 20.00, with a high estimate of 20.00 and a low estimate of 20.00. The median estimate represents a +5,450.93% increase from the last price of 0.36.

Is SOS being shorted?

SOS is currently under evaluation in number of shares shorted category among related companies.

Is SOS stock buy or sell?

Is SOS limited undervalued?

Investors are now beginning to speculate on the amount of revenues that can be produced by this emerging growth gem in 2H 2021 and full year 2022. Clearly, SOS shares may now be among the most undervalued in the entire market.

Is SOS limited a legit company?

Business Summary SoS Ltd, formerly China Rapid Finance Ltd, is a holding company mainly engaged in consumer credit business and emergency rescue services business. The Company also operates insurance agency business through its subsidiary.

Will BOXL stock go up?

The 3 analysts offering 12-month price forecasts for Boxlight Corp have a median target of 3.50, with a high estimate of 4.00 and a low estimate of 3.00. The median estimate represents a +302.30% increase from the last price of 0.87.

Will Zom stock go up?

There is potential for a short term uptick in the Zom stock price, especially as the active weekly candle is mildly bullish. The relative strength index is relatively oversold and has been for quite some time.

Will GOEV stock go up?

Canoo Inc (NASDAQ:GOEV) The 4 analysts offering 12-month price forecasts for Canoo Inc have a median target of 11.00, with a high estimate of 20.00 and a low estimate of 3.00. The median estimate represents a +213.39% increase from the last price of 3.51.

Will AMC stock go up?

Deflating the short interest Deflating AMC's short interest like we saw back in January and June means AMC stock will go up significantly higher from its current share price. Small short covering allowed AMC to reach $72 per share back in June of 2021.

Is SOS a miner?

Could there suddenly be a lot of motivated sellers?

Shares of SOS Limited ( NYSE:SOS), an insurance-marketing business turned cryptocurrency miner, fell sharply on Thursday. The price of Bitcoin and Ethereum are down over the past 24 hours, so this is likely one contributing factor. But highfliers like SOS are generally selling off today. As of 12:45 p.m. EST, the stock was down almost 14%.

Who sold SOS stock?

I've been a contributor with the Motley Fool since 2019 and it's been a supreme joy to try to help make the world a little smarter, happier, and richer every day. What's great about exploring business and the economy is the insight it gives you into how things are in the world. Prior to this, I spent more than a decade traveling the world exploring different cultures and languages, While I no longer get to exercise my analytical muscles with linguistics, it's rewarding to analyze businesses and share my opinions through this platform. Appreciate my writing, have an idea for me, or is there an issue with something I wrote? Feel free to reach out to me at [email protected].

Where does SOS trade?

SOS stock was sold by a variety of institutional investors in the last quarter, including Equitec Proprietary Markets LLC, and Simplex Trading LLC.

What is the P/B ratio of SOS?

SOS trades on the New York Stock Exchange (NYSE) under the ticker symbol "SOS."

Does SOS pay dividends?

SOS has a P/B Ratio of 7.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

When was SOS formed?

SOS does not currently pay a dividend.

How much has Bitcoin gained in YTD?

According to a March 3 SEC filing , SOS was initially “formed in Delaware on July 12, 2004 as China Risk Finance LLC. We began our credit analytics service provider business in 2001… On April 28, 2017, our ADSs commenced trading on the NYSE under the symbol XRF… In the third quarter 2018… [we] started to transition our business to other industries.”

Is SOS a cryptocurrency?

Bitcoin (CCC: BTC-USD) and other cryptos are have been seeing new record highs in recent days. For instance, year-to-date (YTD) Bitcoin has gained over 91% and its market capitalization has passed $1 trillion. For most crypto miners, their share prices have become somewhat of a proxy for cryptocurrencies.

What is SOS Limited?

Amid such short-term volatility, it is not always easy for retail investors to get all sides to a story. SOS describes itself as a cryptocurrency miner. Bitcoin (CCC: BTC-USD) and other cryptos are have been seeing new record highs in recent days.

Where is SOS located?

SOS Limited (NYSE: SOS) (the "Company" or "SOS"), an emerging blockchain-based and big data-driven marketing solution provider, announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase approximately $90.1 million worth of its American Depositary Shares ("ADS") in a registered direct offering.

SOS Ltd. ADR

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