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

Key Points

• Scor SE shares gapped down prior to trading on Tuesday, opening at $3.36 after closing at $3.50, marking a 3.7% decrease.
• The company reported a net margin of 3.41% and a return on equity of 11.92% in its latest earnings, exceeding revenue expectations of $5.27 billion with actual revenue of $5.35 billion.
• Scor has a market capitalization of $6.05 billion, a P/E ratio of 10.21, and a beta of 0.83, indicating relatively lower volatility compared to the market.

Scor SE (OTCMKTS:SCRYY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $3.50, but opened at $3.36. Scor shares last traded at $3.36, with a volume of 10,144 shares.

Scor Stock Down 3.7%

The firm's 50-day simple moving average is $3.34 and its 200 day simple moving average is $3.17. The stock has a market capitalization of $6.05 billion, a P/E ratio of 10.21 and a beta of 0.83.

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