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

Key Points

• Shares gapped down — SCRYY opened at $3.62 on Monday after a prior close of $3.89, trading on very light volume (about 180 shares).
• Analyst backdrop is mixed but leans positive — three Buys and two Holds yield a MarketBeat consensus of "Moderate Buy," with recent moves including Goldman Sachs and Zacks cutting to Hold while BNP Paribas upgraded to Outperform.
• Recent results and valuation — SCOR beat quarterly EPS ($0.14 vs. $0.13) and revenue ($5.28B vs. $3.83B), has a market cap of $6.58B and a P/E of 6.79, though analysts forecast about -$0.01 EPS for the current year.

Scor SE (OTCMKTS:SCRYY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $3.89, but opened at $3.62. Scor shares last traded at $3.62, with a volume of 180 shares.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SCRYY shares. The Goldman Sachs Group cut Scor from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 21st. BNP Paribas Exane raised Scor from a "neutral" rating to an "outperform" rating in a research report on Monday, January 12th. Finally, Zacks Research cut Scor from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 25th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

Scor Price Performance

The stock has a market capitalization of $6.58 billion, a P/E ratio of 6.79 and a beta of 0.55. The firm has a 50 day moving average of $3.48 and a 200-day moving average of $3.37.

Scor (OTCMKTS:SCRYY - Get Free Report) last issued its quarterly earnings results on Wednesday, March 4th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. Scor had a return on equity of 19.75% and a net margin of 5.55%.The firm had revenue of $5.28 billion for the quarter, compared to analyst estimates of $3.83 billion. As a group, equities analysts expect that Scor SE will post -0.01 earnings per share for the current year.

About Scor

SCOR SE, trading over-the-counter as SCRYY, is a leading global reinsurer headquartered in Paris, France. Founded in 1970, the company specializes in providing property & casualty and life & health reinsurance solutions to insurance companies worldwide. By pooling and diversifying risk, SCOR enables its clients to underwrite larger exposures, stabilize loss experience and safeguard their balance sheets against extreme events.

The company's main business activities encompass risk underwriting, claims management and portfolio solutions designed to address evolving market needs.

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