Scor (OTCMKTS:SCRYY) Sets New 1-Year High – Should You Buy?

Scor SE (OTCMKTS:SCRYY)’s share price reached a new 52-week high on Thursday . The stock traded as high as $4.12 and last traded at $4.12, with a volume of 335 shares traded. The stock had previously closed at $4.0050.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on SCRYY shares. Morgan Stanley reissued an “overweight” rating on shares of Scor in a research report on Thursday, May 7th. Citigroup reiterated a “buy” rating on shares of Scor in a research report on Thursday, May 7th. Finally, BNP Paribas Exane downgraded shares of Scor from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 17th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Scor Stock Performance

The company has a market cap of $7.39 billion, a P/E ratio of 7.63 and a beta of 0.59. The stock has a 50-day moving average of $3.75 and a two-hundred day moving average of $3.62.

Scor (OTCMKTS:SCRYY) last released its earnings results on Thursday, July 30th. The financial services provider reported $0.12 EPS for the quarter, topping the consensus estimate of $0.10 by $0.02. Scor had a return on equity of 19.40% and a net margin of 5.50%.The business had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.25 billion. Research analysts predict that Scor SE will post 0.47 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.