Scor (OTCMKTS:SCRYY) Stock Jumps 5.1% – Still a Buy?

Scor SE (OTCMKTS:SCRYY)’s stock price shot up 5.1% during trading on Friday. The stock traded as high as $4.15 and last traded at $4.15. 211 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 7,859 shares. The stock had previously closed at $3.95.

Analyst Ratings Changes

Separately, UBS Group downgraded Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Scor Stock Up 5.1%

The business’s fifty day moving average is $3.82 and its two-hundred day moving average is $3.72. The stock has a market cap of $7.44 billion, a price-to-earnings ratio of 7.83 and a beta of 0.50.

Scor (OTCMKTS:SCRYY) last released its earnings results on Friday, October 30th. The financial services provider reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The firm had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.19 billion. Scor had a net margin of 5.41% and a return on equity of 18.99%. As a group, sell-side analysts expect that Scor SE will post 0.47 earnings per share for the current year.

About Scor

SCOR SE is a global reinsurer headquartered in Paris, France. It provides reinsurance and risk-management solutions to insurance companies, helping them manage and transfer risks associated with events such as natural disasters, accidents, illness and longer-term changes in mortality and longevity. The company’s main activities span Property & Casualty reinsurance and Life & Health reinsurance. Its offerings include coverage for property and casualty risks, as well as solutions related to life insurance, health and longevity.