Scor (OTCMKTS:SCRYY) Shares Gap Down – What’s Next?

Shares of Scor SE (OTCMKTS:SCRYY) gapped down prior to trading on Monday . The stock had previously closed at $3.89, but opened at $3.62. Scor shares last traded at $3.62, with a volume of 180 shares changing hands.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Zacks Research downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. BNP Paribas Exane raised Scor from a “neutral” rating to an “outperform” rating in a report on Monday, January 12th. Finally, The Goldman Sachs Group downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Scor currently has an average rating of “Moderate Buy”.

Scor Trading Down 5.7%

The stock has a 50 day moving average price of $3.48 and a two-hundred day moving average price of $3.37. The company has a market cap of $6.58 billion, a price-to-earnings ratio of 6.79 and a beta of 0.55.

Scor (OTCMKTS:SCRYY) last released its quarterly earnings data on Wednesday, March 4th. The financial services provider reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. Scor had a net margin of 5.55% and a return on equity of 19.75%. The business had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $3.83 billion. On average, equities analysts forecast that Scor SE will post -0.01 EPS 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.