Scor (OTCMKTS:SCRYY) Shares Gap Down – Time to Sell?

Scor SE (OTCMKTS:SCRYY) shares gapped down prior to trading on Tuesday . The stock had previously closed at $4.14, but opened at $3.9135. Scor shares last traded at $3.92, with a volume of 5,442 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on SCRYY shares. UBS Group cut shares of Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. BNP Paribas Exane lowered shares of Scor from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 17th. 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 company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Scor Stock Down 4.2%

The stock has a market cap of $7.11 billion, a P/E ratio of 7.34 and a beta of 0.57. The company’s 50 day moving average price is $3.92 and its 200-day moving average price is $3.73.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.02. The company had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.25 billion. Scor had a net margin of 5.50% and a return on equity of 19.18%. Equities research analysts anticipate that Scor SE will post 0.49 earnings per share for the current 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.