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

Scor SE (OTCMKTS:SCRYY)’s share price gapped down prior to trading on Wednesday. The stock had previously closed at $3.8278, but opened at $3.70. Scor shares last traded at $3.70, with a volume of 1,800 shares.

Analyst Upgrades and Downgrades

SCRYY has been the subject of a number of recent research reports. BNP Paribas Exane cut shares of Scor from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 17th. UBS Group downgraded Scor from a “hold” rating to a “sell” rating in a report on Tuesday, August 18th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Scor has a consensus rating of “Hold”.

Scor Stock Down 2.2%

The company has a market capitalization of $6.66 billion, a price-to-earnings ratio of 6.88 and a beta of 0.57. The stock’s 50-day simple moving average is $3.96 and its two-hundred day simple moving average is $3.77.

Scor (OTCMKTS:SCRYY) last posted its quarterly earnings results on Thursday, July 30th. The financial services provider reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.02. Scor had a net margin of 5.50% and a return on equity of 19.18%. The firm had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.25 billion. On average, sell-side analysts forecast that Scor SE will post 0.49 EPS for the current year.

Scor Company Profile

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.