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

Shares of Scor SE (OTCMKTS:SCRYY) gapped down before the market opened on Monday . The stock had previously closed at $3.71, but opened at $3.5258. Scor shares last traded at $3.5258, with a volume of 4,700 shares traded.

Wall Street Analysts Forecast Growth

SCRYY has been the topic of a number of recent research reports. The Goldman Sachs Group lowered shares of Scor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 21st. Morgan Stanley reaffirmed an “overweight” rating on shares of Scor in a report on Thursday. BNP Paribas Exane raised Scor from a “neutral” rating to an “outperform” rating in a report on Monday, January 12th. Citigroup reaffirmed a “buy” rating on shares of Scor in a report on Thursday. Finally, Zacks Research downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Scor has an average rating of “Moderate Buy”.

Scor Stock Down 1.6%

The firm has a market capitalization of $6.55 billion, a price-to-earnings ratio of 6.40 and a beta of 0.59. The company has a fifty day moving average price of $3.60 and a two-hundred day moving average price of $3.39.

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