Scor SE (OTCMKTS:SCRYY) Stock Short Interest Falls 81.8%

Scor SE (OTCMKTS:SCRYY) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 716 shares, a drop of 81.8% from the September 30th total of 3,940 shares. Based on an average daily trading volume, of 10,583 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Scor Price Performance

Scor stock opened at $3.73 on Tuesday. Scor has a 12 month low of $2.95 and a 12 month high of $4.17. The company has a fifty day moving average price of $3.85 and a two-hundred day moving average price of $3.68. The company has a market cap of $6.68 billion, a PE ratio of 6.90 and a beta of 0.56.

Scor (OTCMKTS:SCRYY) last issued its earnings results on Thursday, July 30th. The financial services provider reported $0.12 earnings per share 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 company had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.25 billion. Equities research analysts anticipate that Scor will post 0.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Scor Company Profile

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

The company’s property and casualty activities cover risks such as natural catastrophes, climate-related events, specialty lines, liability, marine, aviation and other commercial exposures. Through its life and health business, SCOR supports insurers with protection, longevity, mortality and health-related reinsurance solutions.