Scor (OTCMKTS:SCRYY) Trading Down 0.9% - Here's Why

Scor SE (OTCMKTS:SCRYY - Get Free Report)'s stock price fell 0.9% on Monday . The company traded as low as $3.26 and last traded at $3.26. 209 shares were traded during mid-day trading, a decline of 95% from the average session volume of 3,895 shares. The stock had previously closed at $3.29.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SCRYY shares. UBS Group cut Scor from a "strong-buy" rating to a "hold" rating in a report on Monday, March 31st. The Goldman Sachs Group upgraded shares of Scor to a "strong-buy" rating in a research report on Monday, March 24th. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy".

Scor Stock Down 0.9%

The business's 50-day moving average price is $3.23 and its 200-day moving average price is $2.87.

Scor (OTCMKTS:SCRYY - Get Free Report) last issued its earnings results on Wednesday, May 7th. The financial services provider reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.04. The company had revenue of $5.58 billion for the quarter, compared to analyst estimates of $4.69 billion. Scor had a negative return on equity of 0.09% and a negative net margin of 0.01%. As a group, research analysts anticipate that Scor SE will post -0.01 EPS for the current fiscal year.

Scor Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, May 21st. Stockholders of record on Friday, May 2nd were issued a dividend of $0.1375 per share. The ex-dividend date of this dividend was Thursday, May 1st. This represents a dividend yield of 4.32%.

Scor Company Profile

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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