Scor (OTCMKTS:SCRYY) Shares Gap Down – Should You Sell?

Shares of Scor SE (OTCMKTS:SCRYY) gapped down before the market opened on Thursday . The stock had previously closed at $3.84, but opened at $3.58. Scor shares last traded at $3.58, with a volume of 141 shares changing hands.

Analyst Ratings Changes

A number of research analysts have weighed in on SCRYY shares. Citigroup reiterated a “buy” rating on shares of Scor in a research report on Thursday, May 7th. The Goldman Sachs Group lowered Scor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 21st. Zacks Research cut Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Finally, Morgan Stanley reiterated an “overweight” 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. Based on data from MarketBeat, Scor presently has an average rating of “Moderate Buy”.

Scor Stock Down 2.8%

The company’s 50-day moving average is $3.65 and its 200-day moving average is $3.41. The stock has a market capitalization of $6.80 billion, a price-to-earnings ratio of 6.65 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last posted its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. The business had revenue of $4.49 billion during the quarter, compared to analysts’ expectations of $4.58 billion. Scor had a net margin of 5.79% and a return on equity of 20.83%. Sell-side analysts anticipate that Scor SE will post 0.49 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.