Scor (OTCMKTS:SCRYY) Sees Large Volume Increase - Time to Buy?

Key Points

• Scor SE (OTCMKTS:SCRYY) experienced a significant 18% increase in trading volume, with approximately 34,180 shares exchanged on a recent trading day.
• The company reported earnings of $0.14 EPS for the last quarter, surpassing estimates by $0.03, and revenues of $5.35 billion, which also exceeded expectations.
• Scor's stock currently has a market capitalization of $6.14 billion and a P/E ratio of 10.36, indicating potential investment interest.

Shares of Scor SE (OTCMKTS:SCRYY - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 34,180 shares traded hands during mid-day trading, an increase of 18% from the previous session's volume of 28,872 shares.The stock last traded at $3.39 and had previously closed at $3.31.

Scor Trading Up 3.3%

The business has a 50-day simple moving average of $3.34 and a 200 day simple moving average of $3.03. The stock has a market cap of $6.14 billion, a P/E ratio of 10.36 and a beta of 0.82.

Scor (OTCMKTS:SCRYY - Get Free Report) last announced its earnings results on Thursday, July 31st. The financial services provider reported $0.14 EPS for the quarter, beating the consensus estimate of $0.11 by $0.03. Scor had a return on equity of 11.92% and a net margin of 3.41%. The company had revenue of $5.35 billion for the quarter, compared to analyst estimates of $5.27 billion. As a group, equities analysts expect that Scor SE will post -0.01 earnings per share for the current year.

Scor Company Profile

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental liability; and business ventures and partnerships.

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