Scor (OTCMKTS:SCRYY) Reaches New 1-Year High - Still a Buy?

Scor SE (OTCMKTS:SCRYY - Get Free Report)'s share price reached a new 52-week high on Tuesday . The company traded as high as $3.40 and last traded at $3.40, with a volume of 5885 shares. The stock had previously closed at $3.26.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SCRYY. The Goldman Sachs Group upgraded shares of Scor to a "strong-buy" rating in a report on Monday, March 24th. UBS Group downgraded shares of Scor from a "strong-buy" rating to a "hold" rating in a report on Monday, March 31st. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy".

Scor Stock Up 1.7%

The business's fifty day moving average price is $3.24 and its two-hundred day moving average price is $2.89.

Scor (OTCMKTS:SCRYY - Get Free Report) last posted its earnings results on Wednesday, May 7th. The financial services provider reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.04. The firm had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $4.69 billion. Scor had a negative net margin of 0.01% and a negative return on equity of 0.09%. On average, research analysts anticipate that Scor SE will post -0.01 earnings per share for the current year.

Scor Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 21st. Investors of record on Friday, May 2nd were issued a dividend of $0.1375 per share. The ex-dividend date was Thursday, May 1st. This represents a yield of 4.32%.

About Scor

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.