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

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

Analyst Upgrades and Downgrades

SCRYY has been the subject of a number of analyst reports. Citigroup reaffirmed a “buy” rating on shares of Scor in a report on Thursday, May 7th. Zacks Research lowered shares of Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Scor in a report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Scor Trading Down 5.5%

The stock has a market capitalization of $6.42 billion, a price-to-earnings ratio of 6.28 and a beta of 0.59. The stock’s 50 day moving average is $3.66 and its two-hundred day moving average is $3.42.

Scor (OTCMKTS:SCRYY) last announced 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 net margin of 5.79% and a return on equity of 20.83%. The firm had revenue of $4.49 billion during the quarter, compared to analyst estimates of $4.58 billion. On average, research analysts anticipate that Scor SE will post 0.49 earnings per share 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.