Scor (OTCMKTS:SCRYY) Shares Gap Up - Time to Buy?

Key Points

• Scor SE shares opened at $3.34 after closing at $3.18, with a trading volume of 1,022 shares, marking a 4.0% increase.
• The company reported earnings per share of $0.14 for the last quarter, exceeding analyst expectations of $0.11, alongside revenue of $5.35 billion compared to estimates of $5.27 billion.
• With a market capitalization of $5.94 billion, Scor has a PE ratio of 10.02 and a beta of 0.82, indicating lower volatility compared to the market.

Shares of Scor SE (OTCMKTS:SCRYY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $3.18, but opened at $3.34. Scor shares last traded at $3.34, with a volume of 1,022 shares.

Scor Trading Up 4.0%

The firm has a fifty day moving average of $3.34 and a two-hundred day moving average of $3.03. The company has a market cap of $5.94 billion, a PE ratio of 10.02 and a beta of 0.82.

Scor (OTCMKTS:SCRYY - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $5.35 billion for the quarter, compared to analyst estimates of $5.27 billion. Scor had a net margin of 3.41% and a return on equity of 11.92%. Sell-side analysts expect that Scor SE will post -0.01 EPS 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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