Scor Se (OTCMKTS:SCRYY) Sees Significant Growth in Short Interest

Scor Se (OTCMKTS:SCRYY - Get Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 14,900 shares, a growth of 93.5% from the April 30th total of 7,700 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 12,300 shares, the short-interest ratio is presently 1.2 days.

Scor Price Performance

Shares of SCRYY stock traded up $0.14 during mid-day trading on Wednesday, hitting $3.39. The company had a trading volume of 794 shares, compared to its average volume of 39,359. The stock's 50 day moving average price is $3.01 and its 200-day moving average price is $2.74. Scor has a 52-week low of $1.82 and a 52-week high of $3.40. The company has a market capitalization of $6.09 billion, a P/E ratio of -84.75 and a beta of 0.75.

Scor (OTCMKTS:SCRYY - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.04. Scor had a negative return on equity of 1.46% and a negative net margin of 0.42%. The business had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $4.69 billion. On average, equities research analysts expect that Scor will post -0.01 earnings per share for the current year.

Scor Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 21st. Investors of record on Friday, May 2nd were issued a $0.1375 dividend. The ex-dividend date was Thursday, May 1st. This represents a dividend yield of 4.32%. Scor's payout ratio is currently -325.00%.

Wall Street Analysts Forecast Growth

SCRYY has been the subject of a number of recent analyst reports. UBS Group lowered Scor from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 31st. The Goldman Sachs Group raised shares of Scor to a "strong-buy" rating in a report on Monday, March 24th. Finally, Royal Bank of Canada restated an "outperform" rating on shares of Scor in a research report on Thursday, March 6th. Two research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy".

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.