Scor SE (OTCMKTS:SCRYY) Short Interest Update
by Teresa Graham · The Cerbat GemScor SE (OTCMKTS:SCRYY – Get Free Report) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 8,595 shares, a decrease of 85.5% from the April 30th total of 59,296 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 24,495 shares, the days-to-cover ratio is currently 0.4 days.
Wall Street Analysts Forecast Growth
SCRYY has been the subject of a number of research analyst reports. Zacks Research lowered Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Citigroup restated a “buy” rating on shares of Scor in a research note on Thursday, May 7th. Finally, Morgan Stanley restated an “overweight” rating on shares of Scor in a research note on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
View Our Latest Report on SCRYY
Scor Trading Up 7.0%
Shares of Scor stock traded up $0.25 on Thursday, reaching $3.83. 200 shares of the company were exchanged, compared to its average volume of 10,163. Scor has a fifty-two week low of $2.95 and a fifty-two week high of $4.04. The firm has a market capitalization of $6.87 billion, a price-to-earnings ratio of 6.72 and a beta of 0.59. The stock has a fifty day moving average price of $3.68 and a 200-day moving average price of $3.43.
Scor (OTCMKTS:SCRYY – Get Free Report) last announced its earnings results on Wednesday, May 6th. The financial services provider reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. Scor had a net margin of 5.79% and a return on equity of 20.83%. The company had revenue of $4.49 billion during the quarter, compared to analysts’ expectations of $4.58 billion. On average, equities analysts anticipate that Scor will post 0.49 earnings per share 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.
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