Trisura Group (TSE:TSU) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Trisura Group Ltd. (TSE:TSU)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$41.53 and traded as high as C$41.55. Trisura Group shares last traded at C$40.69, with a volume of 101,280 shares.

Analyst Upgrades and Downgrades

Separately, TD Securities set a C$52.00 target price on shares of Trisura Group and gave the stock a “buy” rating in a report on Thursday, September 19th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$57.44.

Trisura Group Stock Performance

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 business’s fifty day simple moving average is C$41.53 and its 200-day simple moving average is C$41.84. The firm has a market capitalization of C$1.93 billion, a PE ratio of 21.88 and a beta of 0.82.

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.