Trisura Group (TSE:TSU) Shares Down 0.3% - Here's What Happened

Trisura Group Ltd. (TSE:TSU - Get Free Report)'s stock price traded down 0.3% during trading on Wednesday . The stock traded as low as C$43.93 and last traded at C$44.09. 40,322 shares traded hands during trading, a decline of 59% from the average session volume of 98,270 shares. The stock had previously closed at C$44.24.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Scotiabank upped their target price on Trisura Group from C$49.00 to C$50.00 and gave the company an "outperform" rating in a report on Friday, May 2nd. BMO Capital Markets lowered their target price on Trisura Group from C$51.00 to C$50.00 in a report on Monday, May 5th. Royal Bank Of Canada raised Trisura Group to a "moderate buy" rating and set a C$51.00 target price for the company in a report on Wednesday, June 18th. Finally, Cormark upped their target price on Trisura Group from C$47.00 to C$54.00 in a report on Monday, May 5th.

Trisura Group Price Performance

The stock has a market capitalization of C$2.08 billion, a price-to-earnings ratio of 18.66 and a beta of 0.82. The firm has a 50-day moving average of C$40.70 and a two-hundred day moving average of C$36.75.

Trisura Group Company Profile

Trisura Group Ltd is a Canadian based company engages in the provision of specialty insurance. The company's operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International.