Scor (OTCMKTS:SCRYY) Trading 7% Higher – What’s Next?

Shares of Scor SE (OTCMKTS:SCRYY) shot up 7% during mid-day trading on Monday . The company traded as high as $3.5650 and last traded at $3.5650. 2,935 shares were traded during mid-day trading, a decline of 76% from the average session volume of 12,194 shares. The stock had previously closed at $3.3310.

Analysts Set New Price Targets

SCRYY has been the topic of a number of analyst reports. The Goldman Sachs Group downgraded Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st. BNP Paribas Exane raised Scor from a “neutral” rating to an “outperform” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Scor Stock Performance

The firm has a market cap of $6.34 billion, a price-to-earnings ratio of 6.54 and a beta of 0.58. The company has a 50 day moving average price of $3.33 and a 200 day moving average price of $3.31.

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.