Scor (OTCMKTS:SCRYY) Trading Down 3.7% – What’s Next?

Scor SE (OTCMKTS:SCRYY)’s share price fell 3.7% during mid-day trading on Tuesday . The company traded as low as $3.7450 and last traded at $3.7450. 2,180 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 11,115 shares. The stock had previously closed at $3.89.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on SCRYY. The Goldman Sachs Group downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st. BNP Paribas Exane upgraded shares of Scor from a “neutral” rating to an “outperform” rating in a research report on Monday, January 12th. Finally, Zacks Research downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Three research 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 presently has a consensus rating of “Moderate Buy”.

Scor Trading Up 2.1%

The stock has a market capitalization of $6.75 billion, a P/E ratio of 6.96 and a beta of 0.55. The company’s 50-day moving average is $3.49 and its two-hundred day moving average is $3.37.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings data on Wednesday, March 4th. The financial services provider reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.01. The firm had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $3.83 billion. Scor had a net margin of 5.55% and a return on equity of 19.75%. Sell-side analysts expect that Scor SE will post -0.01 EPS 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.