Scor SE (OTCMKTS:SCRYY) Short Interest Up 72.2% in June

Scor SE (OTCMKTS:SCRYY) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 14,705 shares, an increase of 72.2% from the May 31st total of 8,541 shares. Based on an average daily volume of 11,526 shares, the short-interest ratio is currently 1.3 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SCRYY. BNP Paribas Exane lowered shares of Scor from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 17th. Morgan Stanley reiterated an “overweight” rating on shares of Scor in a research note on Thursday, May 7th. Zacks Research downgraded Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Finally, Citigroup reiterated a “buy” rating on shares of Scor in a research report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Scor presently has a consensus rating of “Moderate Buy”.

Scor Trading Up 2.8%

OTCMKTS:SCRYY opened at $3.71 on Thursday. The firm has a market cap of $6.66 billion, a price-to-earnings ratio of 6.51 and a beta of 0.59. Scor has a twelve month low of $2.95 and a twelve month high of $4.04. The company has a 50-day moving average of $3.68 and a 200-day moving average of $3.52.

Scor (OTCMKTS:SCRYY) last posted its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. The company had revenue of $4.49 billion for the quarter, compared to analysts’ expectations of $4.58 billion. Scor had a return on equity of 20.83% and a net margin of 5.79%. On average, research analysts forecast that Scor will post 0.49 earnings per share 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.