Scor (OTCMKTS:SCRYY) Trading Up 7% – Time to Buy?

Scor SE (OTCMKTS:SCRYY) traded up 7% during trading on Monday . The company traded as high as $3.5650 and last traded at $3.5650. 2,935 shares traded hands during trading, a decline of 76% from the average session volume of 12,194 shares. The stock had previously closed at $3.3310.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. The Goldman Sachs Group downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. BNP Paribas Exane raised shares of Scor from a “neutral” rating to an “outperform” rating in a report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Scor has an average rating of “Moderate Buy”.

Scor Trading Up 2.3%

The firm has a market cap of $6.41 billion, a P/E ratio of 6.61 and a beta of 0.58. The business’s fifty day simple moving average is $3.34 and its 200-day simple moving average is $3.31.

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.