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

Shares of Chesnara plc (LON:CSN) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 258.85 ($3.34) and traded as high as GBX 269 ($3.47). Chesnara shares last traded at GBX 264.50 ($3.41), with a volume of 86,525 shares changing hands.

Chesnara Stock Down 0.2 %

The company has a debt-to-equity ratio of 62.42, a current ratio of 2.55 and a quick ratio of 38.06. The stock has a fifty day moving average price of GBX 262.78 and a two-hundred day moving average price of GBX 258.85. The company has a market cap of £402.46 million, a P/E ratio of 96.47 and a beta of 0.44.

Insider Activity

In related news, insider Carol Hagh bought 10,000 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were bought at an average price of GBX 258 ($3.33) per share, for a total transaction of £25,800 ($33,255.99). Corporate insiders own 5.47% of the company’s stock.

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.