Scor (OTCMKTS:SCRYY) Shares Down 4.1% - Time to Sell?

Key Points

• Scor SE's stock declined by 4.1%, closing at $3.49, with volume significantly up at 29,573 shares traded compared to the average of 15,669 shares.
• The latest earnings report showed a quarterly EPS of $0.14, exceeding expectations and generating $5.35 billion in revenue for the quarter, beating the forecast of $5.27 billion.
• Scor operates in the life and non-life reinsurance sectors across multiple regions, offering various insurance products in its segments, SCOR P&C and SCOR L&H.

Scor SE (OTCMKTS:SCRYY - Get Free Report)'s stock price fell 4.1% on Thursday . The stock traded as low as $3.49 and last traded at $3.49. 29,573 shares traded hands during mid-day trading, an increase of 89% from the average session volume of 15,669 shares. The stock had previously closed at $3.64.

Scor Price Performance

The stock has a market capitalization of $6.27 billion, a price-to-earnings ratio of 10.58 and a beta of 0.87. The business has a fifty day moving average of $3.35 and a 200 day moving average of $3.22.

Scor (OTCMKTS:SCRYY - Get Free Report) last announced its quarterly 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 business had revenue of $5.35 billion for the quarter, compared to analyst estimates of $5.27 billion. On average, equities research analysts expect that Scor SE will post -0.01 EPS 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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