Scor (OTCMKTS:SCRYY) Shares Gap Down - Here's What Happened

Key Points

• Scor SE's shares gapped down from a previous close of $3.53 to an opening price of $3.30, with a trading volume of only 179 shares.
• The company reported earnings per share of $0.14, exceeding analysts' expectations of $0.11, and generated revenue of $5.35 billion in its last quarterly earnings.
• Scor has a market capitalization of $5.94 billion, with a P/E ratio of 10.03 and an expected EPS of -0.01 for the current year.

Scor SE (OTCMKTS:SCRYY - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $3.53, but opened at $3.30. Scor shares last traded at $3.30, with a volume of 179 shares trading hands.

Scor Price Performance

The company has a market cap of $5.94 billion, a P/E ratio of 10.03 and a beta of 0.82. The stock has a fifty day moving average price of $3.35 and a two-hundred day moving average price of $3.01.

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

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.

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