David James Clare Sells 2,907 Shares of Trisura Group Ltd. (TSE:TSU) Stock

Trisura Group Ltd. (TSE:TSU) Director David James Clare sold 2,907 shares of the firm’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of C$41.76, for a total transaction of C$121,396.32.

Trisura Group Stock Performance

TSE:TSU opened at C$41.82 on Friday. 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 50-day moving average price of C$42.19 and a two-hundred day moving average price of C$42.33. 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 market capitalization of C$1.99 billion, a P/E ratio of 22.48 and a beta of 0.83.

Trisura Group (TSE:TSU) last posted its earnings results on Thursday, August 1st. The company reported C$0.65 earnings per share for the quarter, missing the consensus estimate 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 for the quarter. As a group, research analysts expect that Trisura Group Ltd. will post 2.6611359 earnings per share for the current fiscal year.

Analyst Ratings Changes

TSU has been the subject of several recent analyst reports. National Bankshares raised their target price on shares of Trisura Group from C$65.00 to C$67.00 and gave the stock an “outperform” rating in a research note on Monday, May 6th. Scotiabank increased their price target on shares of Trisura Group from C$62.00 to C$63.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Desjardins increased their price target on shares of Trisura Group from C$48.00 to C$53.00 and gave the company a “buy” rating in a report on Monday, May 6th. CIBC increased their price target on shares of Trisura Group from C$55.00 to C$60.00 and gave the company an “outperform” rating in a report on Friday, May 3rd. Finally, Royal Bank of Canada increased their price target on shares of Trisura Group from C$44.00 to C$52.00 and gave the company an “outperform” rating in a report on Monday, May 6th. Eight analysts have rated the stock with a buy rating, According to MarketBeat, Trisura Group has a consensus rating of “Buy” and an average price target of C$58.13.

About Trisura Group

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.