Trisura Group (TSE:TSU) Stock Price Up 2.5% – Still a Buy?

Trisura Group Ltd. (TSE:TSU) shot up 2.5% on Thursday . The stock traded as high as C$41.73 and last traded at C$41.51. 64,566 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 75,872 shares. The stock had previously closed at C$40.51.

Wall Street Analysts Forecast Growth

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

Trisura Group Stock Performance

The company has a market capitalization of C$1.97 billion, a price-to-earnings ratio of 22.24 and a beta of 0.82. The firm has a fifty day simple moving average of C$41.80 and a 200 day simple moving average of C$41.86. The company has a debt-to-equity ratio of 15.83, a current ratio of 76.83 and a quick ratio of 0.22.

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.