Trisura Group (TSU) Set to Announce Quarterly Earnings on Thursday

Trisura Group (TSE:TSU) is set to issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of C$0.68 per share for the quarter.

Trisura Group Stock Performance

Shares of TSE:TSU traded up C$0.32 during trading on Tuesday, hitting C$42.35. 17,802 shares of the company traded hands, compared to its average volume of 72,938. The business’s fifty day moving average is C$42.12 and its 200-day moving average is C$42.30. The company has a quick ratio of 0.22, a current ratio of 76.83 and a debt-to-equity ratio of 15.83. The stock has a market capitalization of C$2.01 billion, a price-to-earnings ratio of 22.60 and a beta of 0.82. Trisura Group has a one year low of C$30.82 and a one year high of C$46.75.

Insider Activity

In other Trisura Group news, Director David James Clare sold 2,907 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of C$41.76, for a total transaction of C$121,396.32. In other news, Director Michael Beasley sold 33,176 shares of the firm’s stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of C$39.95, for a total value of C$1,325,530.49. Also, Director David James Clare sold 2,907 shares of the stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of C$41.76, for a total transaction of C$121,396.32. 1.09% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. TD Securities set a C$52.00 price target on Trisura Group and gave the company a “buy” rating in a research note on Thursday, September 19th. Scotiabank upped their target price 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. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$57.44.

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.