SOS Limited (SOS) Stock Surges Amid Market Activity

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Oct 11, 2024

SOS Limited (SOS, Financial), experienced a significant stock price increase, rising by 8.23%. The stock is currently priced at $0.909 per share with a trading volume of 107,369 shares, a turnover rate of 0.54%, and a price fluctuation of 7.01%.

Recent financial reports indicate that the company generated revenues of $60.51 million, with a net loss of $10.90 million and an earnings per share of -$0.30. The company's gross profit stands at $2.43 million, and it currently has a price-to-earnings ratio of -3.15. As of now, there are no institutional recommendations for buying, holding, or selling SOS stock.

SOS operates within the capital markets industry, which has seen a general increase of 1.43%. Notably, stocks such as Griid Infrastructure Inc, Atif Holdings, and Cipher Mining Inc have shown significant gains, while Tiger Brokers, Atif Holdings, and Netcapital Inc have been active, with turnover rates of 22.80%, 19.53%, and 9.40% respectively. Related stocks with high price fluctuations include Atif Holdings, Tiger Brokers, and Griid Infrastructure Inc, with fluctuations of 94.38%, 26.02%, and 24.50% respectively.

SOS Limited is a diversified company leveraging big data to provide marketing solutions. It is also engaged in blockchain and cryptocurrency operations and commodity trading. Its operations span four primary areas: commodity trading, insurance marketing, cryptocurrency mining, and other services. The majority of its income comes from commodity trading.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.