Trisura Group (TSE:TSU) Reaches New 12-Month Low – Time to Sell?

Shares of Trisura Group Ltd. (TSE:TSU) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$34.21 and last traded at C$34.21, with a volume of 22816 shares traded. The stock had previously closed at C$34.88.

Analysts Set New Price Targets

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

Trisura Group Stock Down 2.6 %

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 50-day simple moving average of C$38.14 and a two-hundred day simple moving average of C$40.73. The firm has a market cap of C$1.58 billion, a PE ratio of 17.81 and a beta of 0.82.

Trisura Group (TSE:TSU) last announced its quarterly earnings data on Thursday, November 7th. The company reported C$0.68 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.68. Trisura Group had a return on equity of 14.65% and a net margin of 2.92%. During the same quarter in the previous year, the business posted $0.67 EPS. Analysts expect that Trisura Group Ltd. will post 3.1349036 earnings per share for the current 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.