Scor SE (OTCMKTS:SCRYY) Short Interest Down 24.8% in March

Scor SE (OTCMKTS:SCRYY) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 48,262 shares, a decrease of 24.8% from the March 15th total of 64,141 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 32,587 shares, the days-to-cover ratio is presently 1.5 days.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. BNP Paribas Exane raised Scor from a “neutral” rating to an “outperform” rating in a report on Monday, January 12th. Finally, Zacks Research downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Scor Trading Up 5.6%

SCRYY stock opened at $3.89 on Wednesday. The company has a market capitalization of $6.98 billion, a P/E ratio of 7.20 and a beta of 0.55. Scor has a twelve month low of $2.67 and a twelve month high of $3.89. The business has a 50 day simple moving average of $3.50 and a 200-day simple moving average of $3.37.

Scor (OTCMKTS:SCRYY) last posted 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. Scor had a return on equity of 19.75% and a net margin of 5.55%.The business had revenue of $5.28 billion during the quarter, compared to the consensus estimate of $3.83 billion. Research analysts predict that Scor will post -0.01 EPS for the current fiscal 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.