Scor (OTCMKTS:SCRYY) Shares Gap Down – Should You Sell?

Scor SE (OTCMKTS:SCRYY) gapped down before the market opened on Monday . The stock had previously closed at $3.71, but opened at $3.5258. Scor shares last traded at $3.5258, with a volume of 4,700 shares.

Analyst Ratings Changes

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

Scor Price Performance

The company has a 50-day simple moving average of $3.60 and a 200-day simple moving average of $3.39. The stock has a market cap of $6.55 billion, a PE ratio of 6.40 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last announced its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. Scor had a return on equity of 20.83% and a net margin of 5.79%.The business had revenue of $4.49 billion during the quarter, compared to analysts’ expectations of $4.58 billion. On average, equities analysts expect that Scor SE will post 0.49 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.