Scor (OTCMKTS:SCRYY) Hits New 1-Year High – Should You Buy?

Scor Se (OTCMKTS:SCRYY)’s share price reached a new 52-week high on Tuesday . The company traded as high as $3.40 and last traded at $3.12, with a volume of 1018 shares. The stock had previously closed at $3.24.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on SCRYY. Barclays upgraded shares of Scor to a “hold” rating in a report on Tuesday, January 28th. The Goldman Sachs Group raised shares of Scor to a “strong-buy” rating in a research note on Monday, March 24th. Royal Bank of Canada reissued an “outperform” rating on shares of Scor in a research note on Thursday, March 6th. Finally, UBS Group downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 31st. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Scor currently has an average rating of “Buy”.

Scor Price Performance

The stock’s 50 day simple moving average is $2.96 and its two-hundred day simple moving average is $2.70. The firm has a market cap of $5.60 billion, a P/E ratio of -78.00 and a beta of 0.75.

Scor (OTCMKTS:SCRYY) last announced its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.04. The company had revenue of $5.58 billion during the quarter, compared to the consensus estimate of $4.69 billion. Scor had a negative net margin of 0.42% and a negative return on equity of 1.46%. Equities research analysts anticipate that Scor Se will post -0.01 earnings per share for the current year.

Scor Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, May 21st. Shareholders of record on Friday, May 2nd were given a $0.1375 dividend. This represents a yield of 4.32%. The ex-dividend date of this dividend was Thursday, May 1st. Scor’s dividend payout ratio (DPR) is presently -325.00%.

Scor Company Profile

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental liability; and business ventures and partnerships.