Scor (OTCMKTS:SCRYY) Trading Down 5.5% – What’s Next?

Shares of Scor SE (OTCMKTS:SCRYY) traded down 5.5% on Friday . The company traded as low as $3.58 and last traded at $3.58. 545 shares were traded during trading, a decline of 95% from the average session volume of 10,231 shares. The stock had previously closed at $3.79.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Zacks Research downgraded Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Citigroup reissued a “buy” rating on shares of Scor in a research report on Thursday, May 7th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Scor in a research report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Scor Price Performance

The business’s 50 day moving average price is $3.66 and its 200-day moving average price is $3.42. The company has a market cap of $6.42 billion, a P/E ratio of 6.28 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. Scor had a net margin of 5.79% and a return on equity of 20.83%. The company had revenue of $4.49 billion during the quarter, compared to analysts’ expectations of $4.58 billion. As a group, research analysts forecast 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.