Scor SE (OTCMKTS:SCRYY) Short Interest Update

Scor SE (OTCMKTS:SCRYY) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 8,595 shares, a decline of 85.5% from the April 30th total of 59,296 shares. Based on an average daily volume of 24,495 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Scor Trading Down 0.3%

Shares of SCRYY stock traded down $0.01 during midday trading on Friday, reaching $3.65. 8,192 shares of the stock were exchanged, compared to its average volume of 10,039. Scor has a 1 year low of $2.95 and a 1 year high of $4.04. The company’s 50 day moving average is $3.68 and its two-hundred day moving average is $3.44. The firm has a market cap of $6.55 billion, a PE ratio of 6.40 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last posted its earnings results on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $4.58 billion. As a group, equities analysts expect that Scor will post 0.49 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on SCRYY. Morgan Stanley restated an “overweight” rating on shares of Scor in a report on Thursday, May 7th. Citigroup reiterated a “buy” rating on shares of Scor in a report on Thursday, May 7th. Finally, Zacks Research downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Scor presently has a consensus rating of “Moderate Buy”.

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.