Chesnara (LON:CSN) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Chesnara plc (LON:CSN)’s stock price crossed 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 traded.

Chesnara Price Performance

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 company has a market cap of £400.77 million, a P/E ratio of 8,850.00 and a beta of 0.44. The firm has a 50 day moving average of GBX 259.46 and a 200-day moving average of GBX 257.47.

Insider Buying and Selling

In other news, insider Carol Hagh acquired 10,000 shares of Chesnara stock in a transaction on Thursday, December 12th. The shares were acquired at an average price of GBX 258 ($3.20) per share, with a total value of £25,800 ($31,974.22). 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.