Scor (OTCMKTS:SCRYY) Shares Gap Up – Here’s Why

Shares of Scor SE (OTCMKTS:SCRYY) gapped up prior to trading on Thursday. The stock had previously closed at $3.95, but opened at $4.15. Scor shares last traded at $4.15, with a volume of 1,000 shares trading hands.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered Scor from a “hold” rating to a “sell” rating in a research note on Tuesday, August 18th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Scor Stock Up 4.3%

The company’s fifty day moving average is $3.83 and its 200 day moving average is $3.72. The stock has a market cap of $7.39 billion, a PE ratio of 7.77 and a beta of 0.50.

Scor (OTCMKTS:SCRYY) last released its quarterly earnings data on Friday, October 30th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01. Scor had a net margin of 5.41% and a return on equity of 18.99%. The company had revenue of $4.21 billion during the quarter, compared to the consensus estimate of $4.19 billion. Equities analysts expect that Scor SE will post 0.47 EPS for the current year.

Scor Company Profile

SCOR SE is a global reinsurer headquartered in Paris, France. It provides reinsurance and risk-management solutions to insurance companies, helping them manage and transfer risks associated with events such as natural disasters, accidents, illness and longer-term changes in mortality and longevity. The company’s main activities span Property & Casualty reinsurance and Life & Health reinsurance. Its offerings include coverage for property and casualty risks, as well as solutions related to life insurance, health and longevity.