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

Scor SE (OTCMKTS:SCRYY) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 534 shares, an increase of 158.0% from the November 30th total of 207 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 26,268 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 26,268 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Morgan Stanley restated an “overweight” rating on shares of Scor in a research report on Monday, October 13th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Scor in a research report on Tuesday, October 14th. Finally, Zacks Research raised Scor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Scor Price Performance

Shares of Scor stock remained flat at $3.40 on Friday. The company had a trading volume of 3 shares, compared to its average volume of 11,401. The firm’s 50 day moving average price is $3.22 and its two-hundred day moving average price is $3.32. Scor has a 52 week low of $2.29 and a 52 week high of $3.73. The company has a market cap of $6.11 billion, a P/E ratio of 6.30 and a beta of 0.58.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings results on Friday, October 31st. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.14. The firm had revenue of $4.34 billion for the quarter, compared to analyst estimates of $3.75 billion. Scor had a return on equity of 20.01% and a net margin of 5.63%. As a group, analysts expect that Scor will post -0.01 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.