Scor SE (OTCMKTS:SCRYY) Short Interest Update

Scor SE (OTCMKTS:SCRYY) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 36,724 shares, a growth of 332.5% from the June 30th total of 8,491 shares. Based on an average daily trading volume, of 26,797 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.0% of the company’s shares are sold short.

Scor Trading Up 0.4%

Shares of SCRYY opened at $3.89 on Tuesday. The firm has a market capitalization of $6.99 billion, a price-to-earnings ratio of 6.83 and a beta of 0.59. The firm’s fifty day simple moving average is $3.71 and its 200-day simple moving average is $3.58. Scor has a twelve month low of $2.95 and a twelve month high of $4.04.

Scor (OTCMKTS:SCRYY) last announced its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The firm had revenue of $4.49 billion during the quarter, compared to the consensus estimate of $4.58 billion. Scor had a return on equity of 20.83% and a net margin of 5.79%. On average, analysts predict that Scor will post 0.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Citigroup restated a “buy” rating on shares of Scor in a report on Thursday, May 7th. Morgan Stanley restated an “overweight” rating on shares of Scor in a research note on Thursday, May 7th. Finally, BNP Paribas Exane lowered Scor from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 17th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

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.