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

Trisura Group Ltd. (TSE:TSU) reached 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. The stock had previously closed at C$33.13.

Analyst Ratings Changes

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

Trisura Group Trading Down 1.7 %

The company’s 50-day moving average price is C$37.59 and its 200-day moving average price is C$40.44. The firm has a market cap of C$1.54 billion, a price-to-earnings ratio of 17.44 and a beta of 0.82. The company has a quick ratio of 0.22, a current ratio of 76.83 and a debt-to-equity ratio of 15.83.

Trisura Group (TSE:TSU) last posted its quarterly earnings results 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 net margin of 2.92% and a return on equity of 14.65%. During the same quarter last year, the firm earned $0.67 EPS. Equities analysts expect 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.