Scor SE (OTCMKTS:SCRYY) Short Interest Up 32.0% in February

Scor SE (OTCMKTS:SCRYY) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 51,013 shares, a growth of 32.0% from the February 12th total of 38,635 shares. Based on an average trading volume of 7,105 shares, the days-to-cover ratio is currently 7.2 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 7,105 shares, the days-to-cover ratio is currently 7.2 days.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. BNP Paribas Exane raised Scor from a “neutral” rating to an “outperform” rating in a research report on Monday, January 12th. The Goldman Sachs Group downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Scor Price Performance

Shares of SCRYY stock opened at $3.52 on Tuesday. The company has a market capitalization of $6.32 billion, a P/E ratio of 6.52 and a beta of 0.55. The company’s 50-day simple moving average is $3.37 and its two-hundred day simple moving average is $3.33. Scor has a one year low of $2.31 and a one year high of $3.73.

Scor (OTCMKTS:SCRYY) last issued its earnings results on Wednesday, March 4th. The financial services provider reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. The business had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $3.83 billion. Scor had a return on equity of 20.42% and a net margin of 5.55%. On average, research analysts expect that Scor will post -0.01 EPS for the current fiscal year.

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.