Trisura Group (TSE:TSU) Reaches New 12-Month High at $31.59

Trisura Group Ltd (TSE:TSU)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as C$31.59 and last traded at C$31.49, with a volume of 2876 shares. The stock had previously closed at C$31.20.

Several equities research analysts have commented on the stock. BMO Capital Markets boosted their price target on shares of Trisura Group from C$32.00 to C$34.00 in a research report on Wednesday, September 25th. Raymond James reiterated an “outperform” rating and issued a C$40.00 price target on shares of Trisura Group in a research report on Thursday, October 10th.

The company has a quick ratio of 0.32, a current ratio of 0.67 and a debt-to-equity ratio of 28.98. The firm’s 50-day simple moving average is C$29.81 and its 200 day simple moving average is C$29.44. The stock has a market capitalization of $272.71 million and a P/E ratio of 51.53.

Trisura Group (TSE:TSU) last issued its quarterly earnings results on Thursday, August 8th. The company reported C($0.63) EPS for the quarter, missing the consensus estimate of C($0.09) by C($0.54). The business had revenue of C$27.73 million for the quarter, compared to analysts’ expectations of C$30.20 million. As a group, equities analysts anticipate that Trisura Group Ltd will post 1.9199999 EPS for the current fiscal year.

Trisura Group Company Profile (TSE:TSU)

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada and the United States. The company offers contract surety bonds, such as performance, and labor and material payment bonds primarily for the construction industry; commercial surety bonds, including license and permit, tax and excise, and fiduciary bonds to governments, regulatory bodies, or courts to guarantee compliance with legal or fiduciary obligations; and developer surety bonds comprising bonds to secure real estate developers' legislated deposit and warranty obligations on residential projects.

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