Scor SE (OTCMKTS:SCRYY – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $4.12 and last traded at $4.11, with a volume of 2981 shares traded. The stock had previously closed at $4.04.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on SCRYY shares. BNP Paribas Exane cut Scor from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 17th. Citigroup restated a “buy” rating on shares of Scor in a research note on Thursday, May 7th. UBS Group lowered shares of Scor from a “hold” rating to a “sell” rating in a report on Tuesday, August 18th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Scor in a research report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
Scor Stock Performance
Scor (OTCMKTS:SCRYY – Get Free Report) last posted 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 net margin of 5.50% and a return on equity of 19.40%. The firm had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.25 billion. On average, analysts predict that Scor SE will post 0.49 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.
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