Scor (OTCMKTS:SCRYY) Shares Gap Up – Time to Buy?
by Sarita Garza · The Markets DailyScor SE (OTCMKTS:SCRYY – Get Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $3.19, but opened at $3.33. Scor shares last traded at $3.2315, with a volume of 330 shares trading hands.
Analysts Set New Price Targets
Several equities analysts have recently commented on SCRYY shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Scor in a report on Tuesday, October 14th. BNP Paribas Exane raised Scor from a “neutral” rating to an “outperform” rating in a research note on Monday, January 12th. The Goldman Sachs Group lowered shares of Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st. Morgan Stanley reaffirmed an “overweight” rating on shares of Scor in a research note on Monday, October 13th. Finally, Zacks Research upgraded Scor from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Scor presently has an average rating of “Moderate Buy”.
Get Our Latest Stock Report on Scor
Scor Stock Performance
The company has a 50-day simple moving average of $3.25 and a 200 day simple moving average of $3.32. The company has a market capitalization of $5.91 billion, a P/E ratio of 6.09 and a beta of 0.59.
Scor (OTCMKTS:SCRYY – Get Free Report) last released its 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 business had revenue of $4.34 billion during the quarter, compared to analysts’ expectations of $3.75 billion. Scor had a net margin of 5.63% and a return on equity of 20.01%. As a group, sell-side analysts forecast that Scor SE will post -0.01 earnings per share for the current year.
Scor Company Profile
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.