Scor (OTCMKTS:SCRYY) Stock Price Down 4.7% – Should You Sell?

Scor SE (OTCMKTS:SCRYY) traded down 4.7% on Wednesday . The stock traded as low as $3.81 and last traded at $3.81. 2,024 shares changed hands during trading, a decline of 77% from the average daily volume of 8,859 shares. The stock had previously closed at $4.00.

Wall Street Analyst Weigh In

SCRYY has been the topic of several analyst reports. BNP Paribas Exane downgraded shares of Scor from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 17th. UBS Group lowered Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Scor Stock Down 4.7%

The stock’s 50 day moving average price is $3.95 and its 200-day moving average price is $3.75. The stock has a market capitalization of $6.83 billion, a PE ratio of 7.06 and a beta of 0.57.

Scor (OTCMKTS:SCRYY) last posted its quarterly earnings results on Thursday, July 30th. The financial services provider reported $0.12 EPS for the quarter, topping the consensus estimate of $0.10 by $0.02. The company had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.25 billion. Scor had a net margin of 5.50% and a return on equity of 19.18%. As a group, sell-side analysts predict that Scor SE will post 0.49 earnings per share for the current fiscal year.

About Scor

SCOR SE is a France-based global reinsurance company that provides risk-transfer solutions to insurance companies and other institutional clients. Its business is organized primarily around two areas: property and casualty reinsurance, and life and health reinsurance.

Through its property and casualty operations, SCOR offers coverage for risks including natural catastrophes, specialty lines, commercial property, liability, motor and other insurance exposures. Its life and health activities support insurers with solutions related to mortality, longevity, disability, medical and other protection risks, as well as financial and capital-management needs.

SCOR serves clients across major insurance markets in Europe, North and South America, and the Asia-Pacific region.