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

Chesnara plc (LON:CSN) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 257.94 ($3.20) and traded as high as GBX 269 ($3.34). Chesnara shares last traded at GBX 265 ($3.29), with a volume of 291,191 shares changing hands.

Chesnara Stock Down 0.6 %

The company has a market capitalization of £400.02 million, a P/E ratio of 8,833.33 and a beta of 0.44. The company has a current ratio of 2.35, a quick ratio of 38.06 and a debt-to-equity ratio of 62.78. The stock has a 50 day moving average price of GBX 261.02 and a 200 day moving average price of GBX 257.94.

Insider Activity at Chesnara

In other news, insider Carol Hagh acquired 10,000 shares of Chesnara stock in a transaction on Thursday, December 12th. The stock was acquired at an average cost of GBX 258 ($3.20) per share, with a total value of £25,800 ($32,005.95). 5.47% of the stock is owned by company insiders.

Chesnara Company Profile

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.