Michael Beasley Sells 33,176 Shares of Trisura Group Ltd. (TSE:TSU) Stock

Posted by Amy Steele on Sep 7th, 2024

Trisura Group Ltd. (TSE:TSU – Get Free Report) Director Michael Beasley sold 33,176 shares of the company’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of C$39.95, for a total transaction of C$1,325,530.49.

Trisura Group Trading Down 1.7 %

Shares of TSU opened at C$39.42 on Friday. The firm’s 50-day moving average is C$42.13 and its two-hundred day moving average is C$42.32. Trisura Group Ltd. has a twelve month low of C$29.05 and a twelve month 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. The firm has a market capitalization of C$1.87 billion, a P/E ratio of 21.19 and a beta of 0.82.

Trisura Group (TSE:TSU – Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported C$0.65 EPS for the quarter, missing analysts’ consensus estimates of C$0.66 by C($0.01). Trisura Group had a net margin of 2.92% and a return on equity of 14.65%. The business had revenue of C$772.20 million during the quarter. On average, research analysts predict that Trisura Group Ltd. will post 3.1260904 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Scotiabank boosted their price target on shares of Trisura Group from C$62.00 to C$63.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$58.13.

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Trisura Group Company Profile

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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.