Scor SE (OTCMKTS:SCRYY) Sees Large Increase in Short Interest

Scor SE (OTCMKTS:SCRYY) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 51,013 shares, an increase of 32.0% from the February 12th total of 38,635 shares. Based on an average daily volume of 7,105 shares, the short-interest ratio is presently 7.2 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 7,105 shares, the short-interest ratio is presently 7.2 days.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on SCRYY shares. BNP Paribas Exane raised shares of Scor from a “neutral” rating to an “outperform” rating in a research report on Monday, January 12th. The Goldman Sachs Group lowered shares of Scor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Scor Stock Performance

Shares of Scor stock traded down $0.02 on Monday, hitting $3.52. The company had a trading volume of 4,364 shares, compared to its average volume of 10,529. The stock has a market capitalization of $6.32 billion, a price-to-earnings ratio of 6.52 and a beta of 0.55. Scor has a 1 year low of $2.31 and a 1 year high of $3.73. The stock has a 50 day moving average of $3.37 and a 200-day moving average of $3.33.

Scor (OTCMKTS:SCRYY) last posted its earnings results on Wednesday, March 4th. The financial services provider reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. Scor had a return on equity of 20.42% and a net margin of 5.55%.The company had revenue of $5.28 billion for the quarter, compared to analyst estimates of $3.83 billion. Equities analysts anticipate that Scor will post -0.01 earnings per share for the current year.

Scor Company Profile

SCOR SE, trading over-the-counter as SCRYY, is a leading global reinsurer headquartered in Paris, France. Founded in 1970, the company specializes in providing property & casualty and life & health reinsurance solutions to insurance companies worldwide. By pooling and diversifying risk, SCOR enables its clients to underwrite larger exposures, stabilize loss experience and safeguard their balance sheets against extreme events.

The company’s main business activities encompass risk underwriting, claims management and portfolio solutions designed to address evolving market needs.