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

Scor SE (OTCMKTS:SCRYY) shares gapped down prior to trading on Thursday . The stock had previously closed at $3.84, but opened at $3.58. Scor shares last traded at $3.58, with a volume of 141 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on SCRYY shares. Zacks Research downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Morgan Stanley reiterated an “overweight” rating on shares of Scor in a report on Thursday, May 7th. Finally, Citigroup reiterated a “buy” rating on shares of Scor in a report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Scor Price Performance

The business has a fifty day moving average of $3.66 and a 200 day moving average of $3.42. The stock has a market cap of $6.42 billion, a price-to-earnings ratio of 6.28 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last released its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Scor had a return on equity of 20.83% and a net margin of 5.79%.The firm had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $4.58 billion. On average, analysts expect 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.