Scor SE (OTCMKTS:SCRYY) Short Interest Update

Scor SE (OTCMKTS:SCRYY) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 8,595 shares, a decrease of 85.5% from the April 30th total of 59,296 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 24,495 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

Several research analysts have weighed in on SCRYY shares. Morgan Stanley restated an “overweight” rating on shares of Scor in a research report on Thursday, May 7th. Zacks Research cut Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Finally, Citigroup reiterated a “buy” rating on shares of Scor in a report on Thursday, May 7th. Four equities 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.com, the company presently has a consensus rating of “Moderate Buy”.

Scor Stock Up 7.0%

Shares of Scor stock traded up $0.25 during trading hours on Thursday, hitting $3.83. The company’s stock had a trading volume of 200 shares, compared to its average volume of 10,163. The business has a fifty day moving average of $3.68 and a 200 day moving average of $3.43. Scor has a 1-year low of $2.95 and a 1-year high of $4.04. The company has a market capitalization of $6.87 billion, a PE ratio of 6.72 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The company had revenue of $4.49 billion for the quarter, compared to analysts’ expectations of $4.58 billion. Scor had a return on equity of 20.83% and a net margin of 5.79%. On average, sell-side analysts anticipate that Scor will post 0.49 earnings per share 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.