Scor (OTCMKTS:SCRYY) Shares Gap Down – Here’s What Happened
by Scott Moore · The Cerbat GemScor SE (OTCMKTS:SCRYY – Get Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $3.74, but opened at $3.50. Scor shares last traded at $3.50, with a volume of 502 shares traded.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the company. The Goldman Sachs Group downgraded Scor from a “strong-buy” rating to a “hold” rating in a research 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. Finally, Zacks Research downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Scor currently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Report on Scor
Scor Price Performance
The company has a market capitalization of $6.32 billion, a PE ratio of 6.52 and a beta of 0.59. The business’s 50 day simple moving average is $3.59 and its 200 day simple moving average is $3.39.
Scor (OTCMKTS:SCRYY – Get Free Report) last posted its earnings results on Wednesday, March 4th. The financial services provider reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. Scor had a return on equity of 19.75% and a net margin of 5.55%.The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $3.83 billion. As a group, analysts anticipate that Scor SE will post 0.49 EPS for the current 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.