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

by · The Cerbat Gem

Scor SE (OTCMKTS:SCRYY – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $4.14, but opened at $3.9135. Scor shares last traded at $3.92, with a volume of 5,442 shares changing hands.

Wall Street Analysts Forecast Growth

Several brokerages have commented on SCRYY. BNP Paribas Exane cut shares of Scor from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 17th. UBS Group downgraded Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

View Our Latest Analysis on Scor

Scor Price Performance

The stock has a 50-day moving average of $3.93 and a 200-day moving average of $3.73. The firm has a market cap of $6.90 billion, a price-to-earnings ratio of 7.13 and a beta of 0.57.

Scor (OTCMKTS:SCRYY – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.12 EPS for the quarter, beating the consensus estimate of $0.10 by $0.02. Scor had a net margin of 5.50% and a return on equity of 19.18%. The business had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.25 billion. On average, equities analysts expect that Scor SE will post 0.49 EPS for the current fiscal year.

Scor Company Profile

(Get Free Report)

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.

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