Scor (OTCMKTS:SCRYY) Shares Gap Up – What’s Next?

Shares of Scor SE (OTCMKTS:SCRYY) gapped up prior to trading on Monday . The stock had previously closed at $3.9950, but opened at $4.13. Scor shares last traded at $4.13, with a volume of 153 shares changing hands.

Wall Street Analyst Weigh In

SCRYY has been the subject of several recent research reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Scor in a report on Thursday, May 7th. UBS Group lowered Scor from a “hold” rating to a “sell” rating in a research note on Tuesday, August 18th. BNP Paribas Exane cut Scor from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of Scor in a research note on Thursday, May 7th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Scor Trading Down 0.2%

The stock’s fifty day moving average price is $3.88 and its 200-day moving average price is $3.71. The firm has a market cap of $7.16 billion, a price-to-earnings ratio of 7.39 and a beta of 0.58.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.12 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $4.25 billion. 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.