Scor (OTCMKTS:SCRYY) Sees Strong Trading Volume – Should You Buy?

Scor SE (OTCMKTS:SCRYY) shares saw unusually-strong trading volume on Monday . Approximately 50,612 shares changed hands during mid-day trading, an increase of 369% from the previous session’s volume of 10,785 shares.The stock last traded at $3.58 and had previously closed at $3.63.

Analyst Ratings Changes

A number of research analysts recently weighed in on SCRYY shares. BNP Paribas Exane raised Scor from a “neutral” rating to an “outperform” rating in a research note on Monday, January 12th. The Goldman Sachs Group cut Scor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Scor Price Performance

The stock has a market cap of $6.37 billion, a price-to-earnings ratio of 6.57 and a beta of 0.55. The company’s fifty day simple moving average is $3.40 and its two-hundred day simple moving average is $3.34.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings data on Wednesday, March 4th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The firm had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $3.83 billion. Scor had a net margin of 5.55% and a return on equity of 20.42%. On average, analysts forecast that Scor SE will post -0.01 earnings per share for the current 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.