Scor (OTCMKTS:SCRYY) Shares Gap Up – Should You Buy?

Scor SE (OTCMKTS:SCRYY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $3.59, but opened at $3.95. Scor shares last traded at $3.95, with a volume of 255 shares.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on SCRYY shares. BNP Paribas Exane upgraded shares of Scor from a “neutral” rating to an “outperform” rating in a research note on Monday, January 12th. Zacks Research downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Finally, The Goldman Sachs Group downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Scor Stock Down 0.5%

The company has a market cap of $6.73 billion, a price-to-earnings ratio of 6.94 and a beta of 0.55. The company has a fifty day simple moving average of $3.55 and a two-hundred day simple moving average of $3.38.

Scor (OTCMKTS:SCRYY) last posted its earnings results 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 company had revenue of $5.28 billion for the quarter, compared to analyst estimates of $3.83 billion. On average, research analysts predict that Scor SE will post 0.49 EPS 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.