Trisura Group (TSE:TSU) Stock Crosses Above Fifty Day Moving Average - What's Next?

Trisura Group Ltd. (TSE:TSU - Get Free Report)'s stock 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 traded.

Wall Street Analyst Weigh In

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

Trisura Group Stock Down 2.5 %

The company has a 50 day moving average price of C$41.52 and a two-hundred day moving average price of C$41.84. The company has a debt-to-equity ratio of 15.83, a current ratio of 76.83 and a quick ratio of 0.22. The stock has a market cap of C$1.89 billion, a PE ratio of 21.33 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.