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

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Key Points

  • Shares of Scor SE gapped up premarket—opening at $3.72 versus the prior close of $3.564—but were last reported at $3.675 and trading down about 2.9% intraday on roughly 556 shares.
  • Analyst coverage is mixed: three Buy and two Hold ratings produce an average rating of Moderate Buy, with recent downgrades from Zacks and Goldman Sachs and an upgrade from BNP Paribas Exane.
  • Scor beat quarterly EPS and revenue estimates (EPS $0.14 vs $0.13 est.; revenue $5.28B vs $3.83B est.), showing a 20.4% ROE, though analysts still forecast -0.01 EPS for the current year.
  • Five stocks to consider instead of Scor.

Shares of Scor SE (OTCMKTS:SCRYY - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $3.5640, but opened at $3.72. Scor shares last traded at $3.6750, with a volume of 556 shares traded.

Analyst Upgrades and Downgrades

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

Get Our Latest Analysis on SCRYY

Scor Trading Down 2.9%

The stock has a market capitalization of $6.53 billion, a P/E ratio of 6.74 and a beta of 0.55. The company has a 50-day moving average price of $3.46 and a 200 day moving average price of $3.36.

Scor (OTCMKTS:SCRYY - Get Free Report) last announced its 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 20.42% and a net margin of 5.55%.The company had revenue of $5.28 billion for the quarter, compared to analyst estimates of $3.83 billion. As a group, research analysts expect that Scor SE will post -0.01 earnings per share for the current year.

About Scor

(Get Free Report)

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.

Further Reading

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