Scor (OTCMKTS:SCRYY) Shares Gap Up – Still a Buy?

Scor SE (OTCMKTS:SCRYY)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $3.34, but opened at $3.58. Scor shares last traded at $3.58, with a volume of 5,910 shares traded.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SCRYY. 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. BNP Paribas Exane raised Scor from a “neutral” rating to an “outperform” rating in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Scor Stock Performance

The company has a 50-day moving average of $3.33 and a 200-day moving average of $3.31. The stock has a market cap of $6.29 billion, a price-to-earnings ratio of 6.48 and a beta of 0.58.

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.