Chesnara (LON:CSN) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Chesnara plc (LON:CSN) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 254.66 ($3.20) and traded as high as GBX 257.50 ($3.24). Chesnara shares last traded at GBX 253 ($3.18), with a volume of 257,357 shares changing hands.

Chesnara Price Performance

The stock has a market cap of £389.45 million, a P/E ratio of 8,600.00 and a beta of 0.44. 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’s 50-day simple moving average is GBX 254.53 and its two-hundred day simple moving average is GBX 254.71.

Insider Activity at Chesnara

In related 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 bought at an average cost of GBX 258 ($3.24) per share, for a total transaction of £25,800 ($32,424.28). 5.47% of the stock is currently owned by corporate insiders.

Chesnara Company Profile

Chesnara plc, together with its subsidiaries, operates in life assurance and pension businesses primarily in the United Kingdom, the Netherlands, and Sweden. It operates through UK, Movestic, Waard Group, and Scildon segments. The company underwrites life risks, such as death, disability, health, and accident; and provides a portfolio of investment contracts for the savings and retirement needs of customers through asset management, as well as general insurance products.