Scor (OTCMKTS:SCRYY) Stock Falls 5.9% – Here’s Why

Scor SE (OTCMKTS:SCRYY – Get Free Report) dropped 5.9% during trading on Thursday. The company traded as low as $3.4725 and last traded at $3.5175. 1,628 shares traded hands during trading, a decline of 81% from the average session volume of 8,563 shares. The stock had previously closed at $3.74.

Analyst Ratings Changes

A number of equities analysts have issued reports on SCRYY shares. UBS Group lowered Scor from a “hold” rating to a “sell” rating in a research note on Tuesday, August 18th. BNP Paribas Exane cut Scor from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 17th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold”.

View Our Latest Analysis on SCRYY

Scor Stock Performance

The firm has a market capitalization of $6.27 billion, a P/E ratio of 6.48 and a beta of 0.57. The firm has a 50 day moving average price of $3.96 and a two-hundred day moving average price of $3.77.

Scor (OTCMKTS:SCRYY – Get Free Report) last announced its earnings results on Thursday, July 30th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, topping 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 company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.25 billion. Equities research analysts forecast that Scor SE will post 0.49 earnings per share for the current fiscal year.

About Scor

(Get Free Report)

SCOR SE is a France-based global reinsurance company that provides risk-transfer solutions to insurance companies and other institutional clients. Its activities are primarily organized around life and health reinsurance, as well as property and casualty reinsurance.

The company offers reinsurance covering risks such as mortality, longevity, disability, medical expenses, natural catastrophes, major industrial losses and other property and casualty exposures. SCOR also provides related services, including risk modeling, actuarial expertise and investment management for insurance-related assets.

Founded in 1970, SCOR serves clients through operations in major insurance markets across Europe, North America, Asia-Pacific and other international regions.

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