Scor (OTCMKTS:SCRYY) Sets New 1-Year High – Here’s What Happened

Shares of Scor SE (OTCMKTS:SCRYY) hit a new 52-week high during trading on Thursday . The company 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.

Analysts Set New Price Targets

A number of research analysts recently weighed in on SCRYY shares. Citigroup reaffirmed a “buy” rating on shares of Scor in a research report on Thursday, May 7th. BNP Paribas Exane cut shares of Scor from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 17th. Finally, Morgan Stanley restated an “overweight” rating on shares of Scor in a research note on Thursday, May 7th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Scor Stock Performance

The stock has a market cap of $7.39 billion, a price-to-earnings ratio of 7.63 and a beta of 0.59. The company has a 50-day simple moving average of $3.74 and a two-hundred day simple moving average of $3.61.

Scor (OTCMKTS:SCRYY) last released its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.12 EPS for the quarter, beating 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 company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.25 billion. As a group, sell-side analysts predict that Scor SE will post 0.47 earnings per share for the current fiscal year.

Scor Company Profile

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.