Chesnara (LON:CSN) Shares Pass Above 200 Day Moving Average – Here’s Why

Chesnara plc (LON:CSN) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 257.37 ($3.19) and traded as high as GBX 271.50 ($3.36). Chesnara shares last traded at GBX 268 ($3.32), with a volume of 92,448 shares.

Chesnara Stock Down 0.9 %

The company has a quick ratio of 38.06, a current ratio of 2.35 and a debt-to-equity ratio of 62.78. The business has a 50-day simple moving average of GBX 259.46 and a 200-day simple moving average of GBX 257.47. The company has a market cap of £400.77 million, a PE ratio of 8,850.00 and a beta of 0.44.

Insider Buying and Selling

In other Chesnara news, insider Carol Hagh acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were purchased at an average cost of GBX 258 ($3.20) per share, for a total transaction of £25,800 ($31,974.22). 5.47% of the stock is currently owned by insiders.

About Chesnara

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange. It administers approximately one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

Following a three-pillar strategy, Chesnara’s primary responsibility is the efficient administration of its customers’ life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests.