Scor (OTCMKTS:SCRYY) Shares Gap Up - Here's Why

Key Points

• Scor SE's stock price increased by 3.6%, opening at $3.41 after previously closing at $3.29, with a total trading volume of 592 shares.
• The company reported $0.14 earnings per share for the last quarter, exceeding expectations of $0.11, alongside revenues of $5.35 billion against estimates of $5.27 billion.
• Scor SE has a market capitalization of $6.12 billion and maintains a P/E ratio of 10.33 with a return on equity of 11.92%.

Scor SE (OTCMKTS:SCRYY - Get Free Report)'s stock price gapped up prior to trading on Thursday . The stock had previously closed at $3.29, but opened at $3.41. Scor shares last traded at $3.41, with a volume of 592 shares traded.

Scor Stock Up 3.6%

The company has a market cap of $6.12 billion, a P/E ratio of 10.33 and a beta of 0.83. The company has a 50 day moving average price of $3.34 and a 200-day moving average price of $3.17.

Scor (OTCMKTS:SCRYY - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The financial services provider reported $0.14 earnings per share 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 analyst estimates of $5.27 billion. Scor had a return on equity of 11.92% and a net margin of 3.41%. On average, research analysts expect that Scor SE will post -0.01 earnings per share for the current fiscal 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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