Investor relations, firm visibility, and investor following: SOS Limited (NYSE:SOS) delcared Pricing of $110.0 Million Registered Direct Offering Priced At-The-Market

On 02-11-2k21 (Thursday) Shareholders tracking shares of SOS Limited (SOS) belongs to Technology sector and Software – Infrastructure industry. SOS flaunted 59.19% to reach at $6.32 during previous trading session. SOS Inc. has a total market value of 276.25M at the time of writing – representing $43.71M outstanding shares. Turning to other widely-considered trading data, this company’s half yearly performance is observed at 205.31%. SOS Limited (NYSE: SOS) a high-tech company providing a wide range of data mining and marketing analysis services to its corporate and individual members in China, announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase $110,000,000 worth of its American Depositary Shares (“ADS”) and warrants in a registered direct offering priced at-the-market under the NYSE rules.

Under the terms of the securities purchase agreement, the Company has agreed to sell 22,000,000 ADSs and warrants to purchase 16,500,000 ADS. The warrants will be exercisable immediately upon the date of issuance and have an exercise price of $5.00. The warrants will expire five years from the date of issuance. The purchase price for one ADS and one corresponding warrant will be $5.00. The gross proceeds to the Company from the registered direct offering are estimated to be $110,000,000 before deducting the placement agent’s fees and other estimated offering expenses. The registered direct offering is expected to close on or about February 17, 2021, subject to the satisfaction of customary closing conditions.

The Company intends to use the proceeds from the offering to develop its recently launched cryptocurrency mining and cryptocurrency security and insurance business as well as for working capital and general corporate use.

Maxim Group LLC is acting as sole placement agent in connection with this offering.

Volume Evaluation

The China listed company saw a recent price trade of $6.32 and 149,205,024 shares have traded hands in the session. There are 14.05M shares which are traded as an average over the last three months period.

Many investors forget that one of the defining characteristics of the stock market is that it’s a market. Buyers and sellers help determine the price of each stock, and the more buyers and sellers a particular stock has interested in it, the more liquid the market will be. Liquidity can have a profound impact on just how violently stock prices can move in either direction, and the reasons have to do with the nature of the market in a stock’s shares.

Trading volume, or volume, is the number of shares or contracts that indicates the overall activity of a security or market for a given period. Trading volume is an important technical indicator an investor uses to confirm a trend or trend reversal. Volume gives an investor an idea of the price action of a security and whether they should buy or sell the security.

Performance Levels

Looking performance record on shares of SOS Limited (SOS) we observed that the stock has seen a move 269.59% over the last 52-week trading period. The stock generated performance of 189.91% tracking last 3 months. Investors will be anxiously watching to see if things will turn around and the stock will start gaining or losing momentum over the next few months. If we look back year-to-date, the stock has performed 327.03%. Shares are at 81.61% over the previous week and 179.65% over the past month.

Analyst Views:

Fluctuating the focus to what the Wall Street analysts are projecting, we can see that the current consensus target price on shares is $0. Analysts often put in a lot of work to study stocks that they cover. Wall Street analysts have a consensus recommendation of 5.00on this stock. This number falls on a one to five scale where a 1 would be considered a strong buy and 5 means a strong sell, 2 shows Buy, 3 Hold, 4 reveals Sell recommendation.

Volatility Insights

Watching some historical volatility numbers on shares of SOS Limited (SOS) we can see that the 30 days volatility is presently 21.59%. The 7 days volatility is 30.26%. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period.

The company has a beta of 0.33. 1.00 indicates that its price is correlated with the market. Less than 1.00 shows less volatility than the market. Beta greater than 1.00 indicates that the security’s price is theoretically more volatile than the market.

The Average True Range (ATR) value reported at 0.82. The average true range (ATR) is a technical analysis indicator that measures volatility by decomposing the entire range of an asset price for that period. A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. The ATR may be used by market technicians to enter and exit trades, and it is a useful tool to add to a trading system. It was created to allow traders to more accurately measure the daily volatility of an asset by using simple calculations. The indicator does not indicate the price direction; rather it is used primarily to measure volatility caused by gaps and limit up or down moves. The ATR is fairly simple to calculate and only needs historical price data.

Technical Considerations

SOS Limited (SOS) stock positioned 202.24% distance from the 200-day MA and stock price situated 178.54% away from the 50-day MA while located 122.57% off of the 20-day MA.

RSI value sited with reading of 54.55. Relative Strength Index (RSI) is an extremely useful and popular momentum oscillator. The RSI compares the magnitude of a stock’s recent gains to the magnitude of its recent losses and turns that information into a number that ranges from 0 to 100. It takes a single parameter, the number of time periods to use in the calculation. In his book, Wilder recommends using 14 periods.

Observing the Technical Indicators:

SOS Limited institutional ownership is held at 0.30% while insider ownership was 12.89%. As of now, SOS has a P/S, P/E and P/B values of 9.46, 25.18 and 21.79 respectively. Its P/Cash is valued at 460.41. The Company’s net profit margin for the 12 months at 0. Comparatively, the gazes have a Gross margin 66.40%.

Profitability ratios:

Looking into the profitability ratios of SOS stock, an investor will find its ROE, ROA, ROI standing at -22.50%, 2.30% and -605.50%, respectively.

Earnings per Share Details of SOS Limited:

The EPS of SOS is strolling at 0.25, measuring its EPS growth this year at 98.60%. As a result, the company has an EPS growth of 0 for the approaching year.

Given the importance of identifying companies that will ensure earnings per share at a tall rate, we later obsession to umpire how to identify which companies will achieve high amassing rates. One obvious showing off to identify high earnings per portion count together companies are to locate companies that have demonstrated such build up beyond the p.s. 5 to 10 years.

The payout ratio shows the proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage of the company’s earnings. The payout ratio can also be expressed as dividends paid out as a proportion of cash flow. The payout ratio is also known as the dividend payout ratio. The Company’s payout ratio was 0.00% and Price to free cash flow remained $0.