Scor (OTCMKTS:SCRYY) Shares Gap Down – Time to Sell?

Scor SE (OTCMKTS:SCRYY) shares gapped down prior to trading on Thursday . The stock had previously closed at $3.25, but opened at $3.09. Scor shares last traded at $3.26, with a volume of 5,628 shares traded.

Analysts Set New Price Targets

SCRYY has been the topic of several recent research reports. Royal Bank Of Canada restated an “outperform” rating on shares of Scor in a report on Tuesday, October 14th. Morgan Stanley restated an “overweight” rating on shares of Scor in a report on Monday, October 13th. The Goldman Sachs Group downgraded Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st. Zacks Research raised shares of Scor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Finally, BNP Paribas Exane raised shares of Scor from a “neutral” rating to an “outperform” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Scor Stock Performance

The stock has a market capitalization of $5.85 billion, a PE ratio of 6.04 and a beta of 0.59. The company has a 50 day moving average of $3.25 and a two-hundred day moving average of $3.32.

Scor (OTCMKTS:SCRYY) last posted its quarterly earnings data on Friday, October 31st. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.14. The firm had revenue of $4.34 billion for the quarter, compared to the consensus estimate of $3.75 billion. Scor had a net margin of 5.63% and a return on equity of 20.01%. As a group, research analysts predict that Scor SE will post -0.01 EPS 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.