Scor (OTCMKTS:SCRYY) Shares Up 8,564.4% – Still a Buy?

Scor SE (OTCMKTS:SCRYY) shares shot up 8,564.4% on Monday . The company traded as high as $3.2725 and last traded at $285.06. 930 shares were traded during mid-day trading, a decline of 94% from the average session volume of 15,885 shares. The stock had previously closed at $3.29.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. The Goldman Sachs Group cut Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. Zacks Research upgraded Scor from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Royal Bank Of Canada reissued an “outperform” rating on shares of Scor in a research report on Tuesday, October 14th. BNP Paribas Exane raised shares of Scor from a “neutral” rating to an “outperform” rating in a research note on Monday, January 12th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Scor in a report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Scor has a consensus rating of “Moderate Buy”.

Scor Stock Up 2.1%

The business’s 50-day simple moving average is $3.27 and its two-hundred day simple moving average is $3.32. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of 6.31 and a beta of 0.58.

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.