Chesnara (LON:CSN) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Chesnara plc (LON:CSN) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 258.77 ($3.35) and traded as high as GBX 269 ($3.48). Chesnara shares last traded at GBX 267.50 ($3.47), with a volume of 272,666 shares trading hands.

Chesnara Stock Performance

The company has a market cap of £407.02 million, a price-to-earnings ratio of 97.56 and a beta of 0.44. The stock’s fifty day simple moving average is GBX 262.49 and its two-hundred day simple moving average is GBX 258.77. The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55.

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.