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Scor (OTCMKTS:SCRYY) Sets New 52-Week High - Here's What Happened

Scor logo with Finance background

Scor SE (OTCMKTS:SCRYY - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $3.59 and last traded at $3.58, with a volume of 23174 shares trading hands. The stock had previously closed at $3.55.

Wall Street Analysts Forecast Growth

Separately, UBS Group downgraded Scor from a "strong-buy" rating to a "hold" rating in a report on Monday, March 31st. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Scor currently has a consensus rating of "Buy".

Check Out Our Latest Stock Analysis on Scor

Scor Price Performance

The stock's 50 day simple moving average is $3.31 and its 200 day simple moving average is $2.94.

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

Scor Cuts Dividend

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

About Scor

(Get Free Report)

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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