Scor (OTCMKTS:SCRYY) Shares Gap Up – Here’s What Happened

Scor SE (OTCMKTS:SCRYY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $3.19, but opened at $3.33. Scor shares last traded at $3.2315, with a volume of 330 shares traded.

Analyst Ratings Changes

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

Scor Stock Up 0.9%

The company has a market cap of $5.79 billion, a P/E ratio of 5.98 and a beta of 0.59. The business’s 50 day moving average is $3.24 and its 200 day moving average is $3.32.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings data on Friday, October 31st. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.14. Scor had a net margin of 5.63% and a return on equity of 20.01%. The firm had revenue of $4.34 billion for the quarter, compared to the consensus estimate of $3.75 billion. As a group, equities research analysts forecast that Scor SE will post -0.01 EPS for the current year.

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.