Scor (OTCMKTS:SCRYY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Scor SE (OTCMKTS:SCRYY) saw unusually-high trading volume on Monday . Approximately 5,511 shares traded hands during trading, a decline of 45% from the previous session’s volume of 9,964 shares.The stock last traded at $3.7640 and had previously closed at $3.71.

Analysts Set New Price Targets

Several research analysts recently weighed in on SCRYY shares. Zacks Research cut shares of Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. BNP Paribas Exane lowered Scor from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 17th. Citigroup reissued a “buy” rating on shares of Scor in a research note on Thursday, May 7th. Finally, Morgan Stanley restated an “overweight” 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 given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Scor Trading Down 0.4%

The firm’s fifty day moving average price is $3.69 and its 200-day moving average price is $3.53. The company has a market cap of $6.75 billion, a price-to-earnings ratio of 6.60 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $4.49 billion for the quarter, compared to analyst estimates of $4.58 billion. Scor had a net margin of 5.79% and a return on equity of 20.83%. As a group, research analysts anticipate 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.