Trisura Group Ltd. (TSE:TSU) Director Sells C$121,396.32 in Stock

Trisura Group Ltd. (TSE:TSU) Director David James Clare sold 2,907 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of C$41.76, for a total value of C$121,396.32.

Trisura Group Stock Down 0.0 %

TSE:TSU traded down C$0.02 during trading hours on Friday, reaching C$41.65. 9,289 shares of the company traded hands, compared to its average volume of 72,451. The business’s 50-day moving average price is C$42.18 and its two-hundred day moving average price is C$42.34. The stock has a market capitalization of C$1.98 billion, a P/E ratio of 22.40 and a beta of 0.83. Trisura Group Ltd. has a 1 year low of C$29.05 and a 1 year high of C$46.75. The company has a current ratio of 76.83, a quick ratio of 0.22 and a debt-to-equity ratio of 15.83.

Trisura Group (TSE:TSU) last announced its quarterly earnings data on Thursday, August 1st. The company reported C$0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.66 by C($0.01). The company had revenue of C$772.20 million for the quarter. Trisura Group had a net margin of 2.92% and a return on equity of 14.65%. Analysts predict that Trisura Group Ltd. will post 2.6611359 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently issued reports on TSU. Desjardins raised their price target on Trisura Group from C$48.00 to C$53.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. National Bankshares raised their price target on Trisura Group from C$65.00 to C$67.00 and gave the stock an “outperform” rating in a research report on Monday, May 6th. BMO Capital Markets increased their price objective on Trisura Group from C$52.00 to C$54.00 in a report on Monday, May 6th. Scotiabank increased their price objective on Trisura Group from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Finally, CIBC raised their target price on Trisura Group from C$55.00 to C$60.00 and gave the company an “outperform” rating in a research note on Friday, May 3rd. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Trisura Group has a consensus rating of “Buy” and a consensus price target of C$58.13.

Trisura Group Company Profile

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company operates through Trisura Canada and Trisura the United States segments. It also offers risk solutions, fronting, and insurance products, as well as provides business underwriting services.