Scor (OTCMKTS:SCRYY) Shares Gap Down – Here’s What Happened

Scor SE (OTCMKTS:SCRYY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $3.87, but opened at $3.5870. Scor shares last traded at $3.5870, with a volume of 889 shares traded.

Analyst Ratings Changes

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

Scor Trading Down 4.4%

The company has a market cap of $6.28 billion, a PE ratio of 6.14 and a beta of 0.59. The firm’s 50-day simple moving average is $3.68 and its two-hundred day simple moving average is $3.44.

Scor (OTCMKTS:SCRYY) last released its earnings results on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02. The company had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $4.58 billion. Scor had a net margin of 5.79% and a return on equity of 20.83%. As a group, analysts predict that Scor SE will post 0.49 EPS for the current 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.