Short Interest in Scor Se (OTCMKTS:SCRYY) Declines By 53.7%

Scor Se (OTCMKTS:SCRYY) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 14,200 shares, a drop of 53.7% from the September 15th total of 30,700 shares. Based on an average daily volume of 14,000 shares, the days-to-cover ratio is presently 1.0 days.

Scor stock traded down $0.04 during trading hours on Thursday, reaching $2.69. The stock had a trading volume of 4,549 shares, compared to its average volume of 19,708. The company has a debt-to-equity ratio of 0.42, a current ratio of 7.50 and a quick ratio of 10.22. Scor has a 52 week low of $2.41 and a 52 week high of $3.62. The business’s 50 day moving average price is $2.91 and its 200-day moving average price is $3.09. The company has a market cap of $5.02 billion, a price-to-earnings ratio of 7.08 and a beta of 1.43.

Scor (OTCMKTS:SCRYY) last announced its quarterly earnings data on Wednesday, July 28th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter. Scor had a return on equity of 9.57% and a net margin of 4.27%. The business had revenue of $3.75 billion during the quarter. On average, sell-side analysts forecast that Scor will post 0.37 EPS for the current fiscal year.

SCRYY has been the subject of several research analyst reports. Societe Generale reiterated a “hold” rating on shares of Scor in a research report on Friday, September 10th. UBS Group restated a “neutral” rating on shares of Scor in a report on Friday, September 17th. Commerzbank upgraded Scor from a “hold” rating to a “buy” rating in a report on Monday, July 19th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Scor in a report on Monday, September 13th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Scor in a report on Monday, September 20th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $3.75.

Scor Company Profile

SCOR SE provides life and non-life insurance and reinsurance services. It operates through the following segments: SCOR Global P&C and SCOR Global Life. The SCOR Global P&C segment operates property and casualty treaties; specialty treaties, including credit and surety, decennial insurance, aviation, space, marine, engineering, as well as agriculture risks and alternative solutions; business solutions; and business ventures and partnerships.

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