SOS (NYSE:SOS) Stock Scheduled to Reverse Split on Thursday, November 19th

SOS Limited Unsponsored ADR (NYSE:SOS) shares are going to reverse split on Thursday, November 19th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, November 18th.

SOS Price Performance

Shares of NYSE:SOS opened at $0.21 on Friday. The firm has a fifty day moving average price of $0.36 and a two-hundred day moving average price of $0.92. SOS has a one year low of $0.17 and a one year high of $2.20.

SOS (NYSE:SOS) last released its quarterly earnings results on Wednesday, October 7th. The company reported ($1.04) EPS for the quarter. The firm had revenue of $24.41 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered SOS from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, October 6th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

About SOS

SOS Limited is a technology company whose activities have included blockchain and cryptocurrency operations, commodity trading, and emergency response services. The company has also described its business as providing data-driven marketing solutions and technology services. SOS was formerly known as China Rapid Finance Limited and adopted its current name in 2020. It has expanded beyond its earlier focus on consumer finance-related services, including into cryptocurrency mining and related operations.