Scor (OTCMKTS:SCRYY) Shares Gap Down - What's Next?

Key Points

• Scor SE's stock gapped down to $3.54 at market open, a decrease from the previous close of $3.62, with the last traded price at $3.60.
• In its recent earnings report, Scor reported earnings per share of $0.14, surpassing estimates of $0.11, along with revenue of $5.35 billion, above the forecast of $5.27 billion.
• Scor operates in the reinsurance sector, offering life and non-life products across various regions, including Europe, the Middle East, and Asia Pacific.

Scor SE (OTCMKTS:SCRYY - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $3.62, but opened at $3.54. Scor shares last traded at $3.60, with a volume of 637 shares.

Scor Price Performance

The firm's 50 day moving average price is $3.36 and its 200-day moving average price is $3.23. The stock has a market cap of $6.46 billion, a P/E ratio of 10.91 and a beta of 0.87.

Scor (OTCMKTS:SCRYY - Get Free Report) last issued its earnings results on Thursday, July 31st. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.03. The firm had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $5.27 billion. Scor had a net margin of 3.41% and a return on equity of 11.92%. On average, analysts expect 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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