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

Shares of Scor SE (OTCMKTS:SCRYY) gapped down before the market opened on Monday . The stock had previously closed at $3.71, but opened at $3.5258. Scor shares last traded at $3.5258, with a volume of 4,700 shares trading hands.

Analyst Ratings Changes

Several analysts recently commented on SCRYY shares. The Goldman Sachs Group downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st. Zacks Research downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Morgan Stanley reissued an “overweight” rating on shares of Scor in a research report on Thursday, May 7th. Finally, Citigroup reissued a “buy” rating on shares of Scor in a research report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Scor Stock Performance

The business’s fifty day moving average price is $3.61 and its 200-day moving average price is $3.40. The stock has a market cap of $6.56 billion, a PE ratio of 6.41 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last announced its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The firm 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%. Analysts forecast that Scor SE will post 0.49 earnings per share for the current fiscal year.

About Scor

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.