Scor (OTCMKTS:SCRYY) Shares Down 7.5% – Here’s Why

Shares of Scor Se (OTCMKTS:SCRYY) were down 7.5% during trading on Thursday . The stock traded as low as $2.51 and last traded at $2.52. Approximately 11,233 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 52,080 shares. The stock had previously closed at $2.73.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Barclays raised shares of Scor to a “hold” rating in a report on Tuesday, January 28th. Keefe, Bruyette & Woods raised shares of Scor from a “hold” rating to a “moderate buy” rating in a report on Tuesday, November 19th.

Scor Trading Up 1.2 %

The company’s fifty day moving average is $2.53 and its 200-day moving average is $2.33. The firm has a market capitalization of $4.58 billion, a P/E ratio of -63.75 and a beta of 1.33.

About Scor

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental liability; and business ventures and partnerships.