Scor (OTCMKTS:SCRYY) Stock Price Down 10.3% – Here’s What Happened

Scor SE (OTCMKTS:SCRYY) was down 10.3% during trading on Friday . The stock traded as low as $3.06 and last traded at $3.06. Approximately 26,473 shares changed hands during mid-day trading, a decline of 2% from the average daily volume of 27,024 shares. The stock had previously closed at $3.41.

Analysts Set New Price Targets

Several equities research analysts recently commented on SCRYY shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Scor in a report on Tuesday, October 14th. Morgan Stanley reaffirmed an “overweight” rating on shares of Scor in a report on Monday, October 13th. Finally, Zacks Research raised shares of Scor from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Scor Price Performance

The stock’s fifty day moving average price is $3.40 and its 200-day moving average price is $3.31. The firm has a market cap of $5.49 billion, a PE ratio of 9.27 and a beta of 0.87.

Scor (OTCMKTS:SCRYY) last announced its quarterly earnings results on Friday, October 31st. The financial services provider reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. The firm had revenue of $4.34 billion for the quarter. Scor had a net margin of 3.41% and a return on equity of 11.92%. On average, sell-side analysts anticipate that Scor SE will post -0.01 earnings per share for the current fiscal year.

About Scor

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental liability; and business ventures and partnerships.