Scor SE (OTCMKTS:SCRYY) Short Interest Up 25.7% in March

Scor SE (OTCMKTS:SCRYY) saw a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 64,141 shares, a growth of 25.7% from the February 26th total of 51,013 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 18,599 shares, the short-interest ratio is currently 3.4 days.

Scor Price Performance

Shares of OTCMKTS SCRYY opened at $3.47 on Monday. Scor has a fifty-two week low of $2.31 and a fifty-two week high of $3.73. The business has a 50 day moving average price of $3.41 and a two-hundred day moving average price of $3.35. The firm has a market cap of $6.22 billion, a PE ratio of 6.42 and a beta of 0.55.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SCRYY. Zacks Research downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. 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. Finally, BNP Paribas Exane upgraded shares of Scor from a “neutral” rating to an “outperform” rating in a report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Scor currently has an average rating of “Moderate Buy”.

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.