Trisura Group (TSE:TSU) Hits New 52-Week Low – What’s Next?

Trisura Group Ltd. (TSE:TSU) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$31.74 and last traded at C$32.31, with a volume of 126854 shares changing hands. The stock had previously closed at C$33.13.

Analyst Upgrades and Downgrades

Separately, CIBC reduced their target price on shares of Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Trisura Group presently has a consensus rating of “Buy” and a consensus price target of C$56.33.

Trisura Group Stock Performance

The firm has a 50-day simple moving average of C$37.88 and a two-hundred day simple moving average of C$40.58. The company has a debt-to-equity ratio of 15.83, a quick ratio of 0.22 and a current ratio of 76.83. The company has a market capitalization of C$1.54 billion, a price-to-earnings ratio of 17.37 and a beta of 0.82.

Trisura Group (TSE:TSU) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$0.68 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.68. Trisura Group had a return on equity of 14.65% and a net margin of 2.92%. During the same quarter last year, the company earned $0.67 EPS. On average, sell-side analysts anticipate that Trisura Group Ltd. will post 3.1349036 EPS for the current fiscal year.

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.