Scor (OTCMKTS:SCRYY) Shares Gap Down – What’s Next?

Scor SE (OTCMKTS:SCRYY) gapped down prior to trading on Tuesday . The stock had previously closed at $3.54, but opened at $3.24. Scor shares last traded at $3.48, with a volume of 4,920 shares traded.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on SCRYY shares. The Goldman Sachs Group cut Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. BNP Paribas Exane upgraded Scor from a “neutral” rating to an “outperform” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Scor Trading Up 3.2%

The firm has a market capitalization of $6.37 billion, a P/E ratio of 6.57 and a beta of 0.55. The business’s fifty day moving average is $3.41 and its 200 day moving average is $3.35.

Scor (OTCMKTS:SCRYY) last announced its quarterly earnings results on Wednesday, March 4th. The financial services provider reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01. The company had revenue of $5.28 billion for the quarter, compared to analyst estimates of $3.83 billion. Scor had a net margin of 5.55% and a return on equity of 20.42%. As a group, sell-side analysts predict that Scor SE will post -0.01 earnings per share for the current fiscal year.

About Scor

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.