Scor (OTCMKTS:SCRYY) Reaches New 52-Week High - Still a Buy?

Scor Se (OTCMKTS:SCRYY - Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $3.40 and last traded at $3.29, with a volume of 10976 shares. The stock had previously closed at $3.31.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. UBS Group downgraded shares of Scor from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 31st. The Goldman Sachs Group upgraded Scor to a "strong-buy" rating in a report on Monday, March 24th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating on shares of Scor in a research report on Thursday, March 6th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Scor currently has an average rating of "Buy".

Scor Price Performance

The company has a market cap of $6.05 billion, a P/E ratio of -84.25 and a beta of 0.75. The business's 50 day moving average price is $3.02 and its 200-day moving average price is $2.74.

Scor (OTCMKTS:SCRYY - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.04. The company had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $4.69 billion. Scor had a negative return on equity of 1.46% and a negative net margin of 0.42%. As a group, research analysts forecast that Scor Se will post -0.01 EPS for the current year.

Scor Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, May 21st. Investors of record on Friday, May 2nd were paid a $0.1375 dividend. This represents a yield of 4.32%. The ex-dividend date was Thursday, May 1st. Scor's dividend payout ratio (DPR) is presently -325.00%.

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.