Scor (OTCMKTS:SCRYY) Shares Gap Down – Should You Sell?

Scor SE (OTCMKTS:SCRYY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $4.14, but opened at $3.9135. Scor shares last traded at $3.92, with a volume of 5,442 shares.

Analyst Ratings Changes

SCRYY has been the topic of a number of analyst reports. UBS Group lowered shares of Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. BNP Paribas Exane downgraded shares of Scor from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 17th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Scor Stock Down 4.2%

The firm has a 50 day simple moving average of $3.92 and a two-hundred day simple moving average of $3.73. The stock has a market capitalization of $7.11 billion, a P/E ratio of 7.34 and a beta of 0.57.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings results on Thursday, July 30th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.02. Scor had a return on equity of 19.18% and a net margin of 5.50%.The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.25 billion. On average, research analysts predict that Scor SE 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.