Scor (OTCMKTS:SCRYY) Trading Down 5.9% - Here's Why

Key Points

• Shares fell 5.9% to $3.52 on Friday on very light trading — only about 297 shares changed hands, a roughly 97% drop from the average daily volume of 10,216 shares.
• Analyst views are mixed: BNP Paribas Exane upgraded SCOR to "outperform" while Goldman Sachs and Zacks downgraded it to "hold," leaving an average rating of Moderate Buy (three Buy, two Hold).
• Fundamentals show value and recent strength: market cap ~$6.46B, P/E 6.67, and the company beat quarterly estimates (EPS $0.14 vs $0.13; revenue $5.28B vs $3.83B), with ROE 19.75% and analysts projecting ~0.49 EPS for the year.

Scor SE (OTCMKTS:SCRYY - Get Free Report) shares were down 5.9% on Friday . The company traded as low as $3.52 and last traded at $3.52. Approximately 297 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 10,216 shares. The stock had previously closed at $3.74.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on SCRYY shares. BNP Paribas Exane upgraded Scor from a "neutral" rating to an "outperform" rating in a report on Monday, January 12th. The Goldman Sachs Group downgraded Scor from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 21st. Finally, Zacks Research downgraded Scor from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 25th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Scor Trading Down 3.7%

The company has a market cap of $6.46 billion, a price-to-earnings ratio of 6.67 and a beta of 0.55. The business has a fifty day moving average price of $3.59 and a two-hundred day moving average price of $3.39.

Scor (OTCMKTS:SCRYY - Get Free Report) last issued its earnings results on Wednesday, March 4th. The financial services provider reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $3.83 billion. Scor had a return on equity of 19.75% and a net margin of 5.55%. On average, analysts anticipate that Scor SE will post 0.49 EPS 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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