Scor SE (OTCMKTS:SCRYY) Short Interest Update

Scor SE (OTCMKTS:SCRYY) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 3,172 shares, a decline of 56.7% from the August 31st total of 7,328 shares. Based on an average trading volume of 8,788 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Scor Stock Performance

SCRYY stock opened at $3.80 on Wednesday. The firm has a market cap of $6.82 billion, a P/E ratio of 7.04 and a beta of 0.57. The firm’s fifty day moving average is $3.96 and its 200 day moving average is $3.77. Scor has a 52 week low of $2.95 and a 52 week high of $4.17.

Scor (OTCMKTS:SCRYY) last posted 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 net margin of 5.50% and a return on equity of 19.18%. The business had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.25 billion. As a group, analysts forecast that Scor will post 0.49 EPS for the current year.

Analysts Set New Price Targets

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

Scor Company Profile

SCOR SE is a France-based global reinsurance company that provides risk-transfer solutions to insurance companies and other institutional clients. Its activities are primarily organized around life and health reinsurance, as well as property and casualty reinsurance.

The company offers reinsurance covering risks such as mortality, longevity, disability, medical expenses, natural catastrophes, major industrial losses and other property and casualty exposures. SCOR also provides related services, including risk modeling, actuarial expertise and investment management for insurance-related assets.

Founded in 1970, SCOR serves clients through operations in major insurance markets across Europe, North America, Asia-Pacific and other international regions.