Scor (OTCMKTS:SCRYY) Shares Gap Up – Should You Buy?

Scor SE (OTCMKTS:SCRYY)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $3.24, but opened at $3.3825. Scor shares last traded at $3.3850, with a volume of 2,437 shares.

Analyst Ratings Changes

SCRYY has been the topic of a number of recent analyst reports. Morgan Stanley reissued an “overweight” rating on shares of Scor in a research report on Monday, October 13th. Zacks Research upgraded Scor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Scor in a research report on Tuesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy”.

Scor Price Performance

The company has a market cap of $6.08 billion, a PE ratio of 6.27 and a beta of 0.58. The company’s fifty day moving average price is $3.23 and its 200 day moving average price is $3.31.

Scor (OTCMKTS:SCRYY) last released its earnings results 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 company had revenue of $4.34 billion during the quarter, compared to analyst estimates of $3.75 billion. Scor had a return on equity of 20.01% and a net margin of 5.63%. On average, analysts forecast that Scor SE will post -0.01 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.