COMSCORE (SCOR) Hits New 52-Week Low at $9.88

COMSCORE, Inc. (OTCMKTS:SCOR)’s share price hit a new 52-week low on Wednesday . The company traded as low as $9.88 and last traded at $9.95, with a volume of 243500 shares. The stock had previously closed at $10.26.

Several equities analysts recently commented on SCOR shares. Loop Capital downgraded COMSCORE from a “buy” rating to a “hold” rating and dropped their price objective for the company from $32.00 to $22.00 in a research note on Monday, April 1st. SunTrust Banks dropped their price objective on COMSCORE to $13.00 and set a “hold” rating on the stock in a research note on Friday, May 10th. Aegis reiterated a “buy” rating and issued a $25.00 price objective (down previously from $30.00) on shares of COMSCORE in a research note on Tuesday, April 2nd. Oppenheimer reiterated a “market perform” rating on shares of COMSCORE in a research note on Monday, April 1st. Finally, Wells Fargo & Co started coverage on COMSCORE in a research note on Monday, April 1st. They issued a “market perform” rating on the stock. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $19.50.

COMSCORE (OTCMKTS:SCOR) last issued its earnings results on Wednesday, May 8th. The business services provider reported ($0.46) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.09). The business had revenue of $102.29 million for the quarter, compared to analyst estimates of $106.19 million.

In other COMSCORE news, insider Daniel Hess sold 1,888 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $22.52, for a total transaction of $42,517.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.50% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. Marshall Wace North America L.P. bought a new position in shares of COMSCORE in the first quarter worth $41,000. Clearbridge Investments LLC increased its holdings in shares of COMSCORE by 7.7% in the first quarter. Clearbridge Investments LLC now owns 1,488,533 shares of the business services provider’s stock worth $30,143,000 after purchasing an additional 106,050 shares during the period. BlueMountain Capital Management LLC bought a new position in shares of COMSCORE in the first quarter worth $69,000. BlueCrest Capital Management Ltd increased its holdings in shares of COMSCORE by 39.9% in the first quarter. BlueCrest Capital Management Ltd now owns 51,120 shares of the business services provider’s stock worth $1,035,000 after purchasing an additional 14,584 shares during the period. Finally, RMB Capital Management LLC bought a new position in shares of COMSCORE in the first quarter worth $508,000. 25.55% of the stock is currently owned by institutional investors and hedge funds.

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About COMSCORE (OTCMKTS:SCOR)

comScore, Inc operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms worldwide. The company offers digital audience products and services, including Media Metrix and Mobile Metrix, Video Metrix, Plan Metrix, and comScore marketing solutions, which provide person-centric insights across various devices and can capture various types of content.

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