Scor (OTCMKTS:SCRYY) Shares Gap Up – Still a Buy?

Scor SE (OTCMKTS:SCRYY)’s share price gapped up prior to trading on Monday . The stock had previously closed at $3.9950, but opened at $4.13. Scor shares last traded at $4.13, with a volume of 153 shares changing hands.

Analyst Ratings Changes

Several research firms have recently weighed in on SCRYY. UBS Group downgraded Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. Morgan Stanley restated an “overweight” rating on shares of Scor in a report on Thursday, May 7th. BNP Paribas Exane lowered shares of Scor from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 17th. Finally, Citigroup reissued 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, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Scor currently has a consensus rating of “Hold”.

Scor Stock Performance

The company has a fifty day simple moving average of $3.87 and a two-hundred day simple moving average of $3.70. The firm has a market capitalization of $7.41 billion, a PE ratio of 7.65 and a beta of 0.58.

Scor (OTCMKTS:SCRYY) last released its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.02. Scor had a return on equity of 19.18% and a net margin of 5.50%.The firm had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.25 billion. On average, equities analysts anticipate that Scor SE will post 0.49 earnings per share for the current fiscal 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.