Scor SE (OTCMKTS:SCRYY – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $3.70, but opened at $3.79. Scor shares last traded at $3.79, with a volume of 100 shares changing hands.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on SCRYY. BNP Paribas Exane downgraded shares of Scor from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 17th. UBS Group downgraded shares of Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. 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 MarketBeat, the company has a consensus rating of “Hold”.
Get Our Latest Research Report on SCRYY
Scor Trading Up 2.7%
Scor (OTCMKTS:SCRYY – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The financial services provider reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. Scor had a return on equity of 19.18% and a net margin of 5.50%.The business had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.25 billion. As a group, sell-side analysts forecast that Scor SE will post 0.49 EPS for the current fiscal year.
About Scor
SCOR SE is a France-based global reinsurance company that provides risk-transfer solutions to insurance companies and other institutional clients. Its business is organized primarily around two areas: property and casualty reinsurance, and life and health reinsurance.
Through its property and casualty operations, SCOR offers coverage for risks including natural catastrophes, specialty lines, commercial property, liability, motor and other insurance exposures. Its life and health activities support insurers with solutions related to mortality, longevity, disability, medical and other protection risks, as well as financial and capital-management needs.
SCOR serves clients across major insurance markets in Europe, North and South America, and the Asia-Pacific region.
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