Trisura Group (OTCMKTS:TRRSF) Shares Up 3.5% – Here’s What Happened

Trisura Group Ltd. (OTCMKTS:TRRSF)’s stock price rose 3.5% on Friday . The stock traded as high as $30.36 and last traded at $30.36. Approximately 8,144 shares changed hands during trading, a decline of 29% from the average session volume of 11,531 shares. The stock had previously closed at $29.32.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TRRSF. Scotiabank lowered shares of Trisura Group from an “outperform” rating to a “sector perform” rating in a report on Tuesday, April 28th. Royal Bank Of Canada reissued an “outperform” rating on shares of Trisura Group in a report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Trisura Group Price Performance

The company’s fifty day moving average is $30.99 and its 200-day moving average is $31.68.

About Trisura Group

Trisura Group Ltd. is a specialty insurance and reinsurance company headquartered in Toronto, Ontario. The firm provides a suite of risk-mitigation products, including surety bonds, trade credit and political risk insurance, and various specialty insurance solutions designed to meet complex and niche client needs. Operating through multiple business segments, Trisura focuses on supporting clients in construction, financial institutions, and global trade by underwriting and managing credit exposures, contractual obligations, and unique operational risks.

Since its inception in 2013, Trisura has expanded its footprint across Canada and into the United States, serving domestic and multinational clients.