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

Shares of Scor SE (OTCMKTS:SCRYY – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $3.70, but opened at $3.79. Scor shares last traded at $3.79, with a volume of 100 shares traded.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on SCRYY shares. UBS Group downgraded Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. BNP Paribas Exane downgraded Scor from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 17th. Three equities research 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. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on Scor

Scor Price Performance

The business’s 50-day moving average is $3.96 and its 200 day moving average is $3.76. The firm has a market capitalization of $6.82 billion, a P/E ratio of 7.04 and a beta of 0.57.

Scor (OTCMKTS:SCRYY – Get Free Report) last announced its earnings results on Thursday, July 30th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. Scor had a net margin of 5.50% and a return on equity of 19.18%. The firm had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.25 billion. Analysts anticipate that Scor SE will post 0.49 EPS for the current fiscal year.

About Scor

(Get Free Report)

SCOR SE is a France-based global reinsurance company that provides risk-transfer solutions to insurance companies and other institutional clients. Its business is organized primarily around two areas: property and casualty reinsurance, and life and health reinsurance.

Through its property and casualty operations, SCOR offers coverage for risks including natural catastrophes, specialty lines, commercial property, liability, motor and other insurance exposures. Its life and health activities support insurers with solutions related to mortality, longevity, disability, medical and other protection risks, as well as financial and capital-management needs.

SCOR serves clients across major insurance markets in Europe, North and South America, and the Asia-Pacific region.

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