Scor SE (OTCMKTS:SCRYY) Short Interest Update

Scor SE (OTCMKTS:SCRYY) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 8,491 shares, a decrease of 42.3% from the June 15th total of 14,705 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 16,912 shares, the short-interest ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Morgan Stanley reiterated an “overweight” rating on shares of Scor in a research note on Thursday, May 7th. Zacks Research cut Scor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. BNP Paribas Exane downgraded Scor from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of Scor in a research report on Thursday, May 7th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Scor has a consensus rating of “Moderate Buy”.

Scor Price Performance

Shares of SCRYY stock opened at $3.78 on Friday. The firm has a 50 day moving average price of $3.69 and a two-hundred day moving average price of $3.55. The company has a market capitalization of $6.78 billion, a PE ratio of 6.63 and a beta of 0.59. Scor has a 12-month low of $2.95 and a 12-month high of $4.04.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The company had revenue of $4.49 billion during 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%. As a group, research analysts expect that Scor will post 0.47 EPS for the current 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.