Scor (OTCMKTS:SCRYY) Stock Price Down 5.9% – What’s Next?

Scor SE (OTCMKTS:SCRYY)’s share price traded down 5.9% during trading on Thursday. The company traded as low as $3.4725 and last traded at $3.5175. Approximately 1,628 shares changed hands during trading, a decline of 81% from the average daily volume of 8,563 shares. The stock had previously closed at $3.74.

Wall Street Analyst Weigh In

SCRYY has been the topic of a number of research analyst reports. BNP Paribas Exane lowered Scor from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 17th. UBS Group downgraded Scor from a “hold” rating to a “sell” rating in a research note on Tuesday, August 18th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

Scor Price Performance

The company has a market capitalization of $6.19 billion, a PE ratio of 6.39 and a beta of 0.56. The business’s 50 day simple moving average is $3.94 and its 200 day simple moving average is $3.77.

Scor (OTCMKTS:SCRYY) last posted its quarterly earnings results on Thursday, July 30th. The financial services provider reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.02. The business had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.25 billion. Scor had a net margin of 5.50% and a return on equity of 19.18%. As a group, analysts anticipate that Scor SE will post 0.49 EPS for the current year.

Scor Company Profile

SCOR SE is a France-based global reinsurance company that provides risk-transfer solutions to insurance companies and other institutional clients. Its activities are primarily organized around life and health reinsurance, as well as property and casualty reinsurance.

The company offers reinsurance covering risks such as mortality, longevity, disability, medical expenses, natural catastrophes, major industrial losses and other property and casualty exposures. SCOR also provides related services, including risk modeling, actuarial expertise and investment management for insurance-related assets.

Founded in 1970, SCOR serves clients through operations in major insurance markets across Europe, North America, Asia-Pacific and other international regions.