Scor (OTCMKTS:SCRYY) Trading Up 7% – Should You Buy?

Scor SE (OTCMKTS:SCRYY) shot up 7% on Monday . The stock traded as high as $3.5650 and last traded at $3.5650. 2,935 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 12,194 shares. The stock had previously closed at $3.3310.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on SCRYY shares. The Goldman Sachs Group cut shares of Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. BNP Paribas Exane raised shares of Scor from a “neutral” rating to an “outperform” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Scor presently has a consensus rating of “Moderate Buy”.

Scor Trading Up 0.9%

The firm’s fifty day simple moving average is $3.33 and its 200 day simple moving average is $3.31. The company has a market cap of $6.34 billion, a price-to-earnings ratio of 6.54 and a beta of 0.58.

Scor Company Profile

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.