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

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

Trisura Group Price Performance

TSE TSU traded up C$0.32 on Tuesday, hitting C$42.35. The stock had a trading volume of 17,802 shares, compared to its average volume of 72,938. The firm has a 50-day moving average of C$42.12 and a 200-day moving average of C$42.30. 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$2.01 billion, a price-to-earnings ratio of 22.60 and a beta of 0.82. Trisura Group has a 52-week low of C$30.82 and a 52-week high of C$46.75.

Insider Activity at Trisura Group

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

Analyst Upgrades and Downgrades

TSU has been the topic of several research reports. TD Securities set a C$52.00 target price on Trisura Group and gave the stock a “buy” rating in a report on Thursday, September 19th. Scotiabank upped their target price on Trisura Group from C$62.00 to C$63.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Trisura Group has a consensus rating of “Buy” and an average price target 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.