Scor (OTCMKTS:SCRYY) Shares Pass Below 50 Day Moving Average – Should You Sell?

Shares of Scor Se (OTCMKTS:SCRYY) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.16 and traded as low as $2.13. Scor shares last traded at $2.15, with a volume of 11,274 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank upgraded shares of Scor to a “strong-buy” rating in a report on Friday, October 4th.

Scor Stock Up 2.4 %

The stock has a market cap of $3.86 billion, a PE ratio of 17.92 and a beta of 1.30. The business’s 50-day simple moving average is $2.16 and its 200-day simple moving average is $2.51.

Scor Company Profile

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.