Scor (OTCMKTS:SCRYY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Scor SE (OTCMKTS:SCRYY) saw unusually-high trading volume on Monday . Approximately 5,511 shares changed hands during trading, a decline of 45% from the previous session’s volume of 9,964 shares.The stock last traded at $3.7640 and had previously closed at $3.71.

Wall Street Analyst Weigh In

Several analysts recently issued reports on SCRYY shares. BNP Paribas Exane downgraded Scor from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 17th. Citigroup reiterated a “buy” rating on shares of Scor in a research report on Thursday, May 7th. Zacks Research downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Scor in a research report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Scor Stock Performance

The company has a market cap of $6.75 billion, a price-to-earnings ratio of 6.60 and a beta of 0.59. The business has a fifty day moving average price of $3.69 and a 200 day moving average price of $3.53.

Scor (OTCMKTS:SCRYY) last issued its 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 net margin of 5.79% and a return on equity of 20.83%. The firm had revenue of $4.49 billion for the quarter, compared to analyst estimates of $4.58 billion. As a group, equities analysts anticipate 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.