Scor (OTCMKTS:SCRYY) Sees Large Volume Increase – Here’s What Happened

Scor SE (OTCMKTS:SCRYY) shares saw an uptick in trading volume on Monday . 9,271 shares were traded during trading, a decline of 8% from the previous session’s volume of 10,048 shares.The stock last traded at $3.80 and had previously closed at $3.78.

Wall Street Analyst Weigh In

SCRYY has been the subject of several recent analyst reports. BNP Paribas Exane downgraded Scor from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 17th. Zacks Research cut Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Citigroup reissued a “buy” rating on shares of Scor in a research note on Thursday, May 7th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Scor in a report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Scor currently has an average rating of “Moderate Buy”.

Scor Trading Up 0.3%

The firm has a market cap of $6.80 billion, a P/E ratio of 6.65 and a beta of 0.59. The business has a 50-day moving average of $3.70 and a two-hundred day moving average of $3.56.

Scor (OTCMKTS:SCRYY) last posted its earnings results on Wednesday, May 6th. The financial services provider reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. Scor had a return on equity of 20.83% and a net margin of 5.79%.The firm had revenue of $4.49 billion during the quarter, compared to the consensus estimate of $4.58 billion. As a group, equities analysts expect that Scor SE will post 0.47 EPS 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.