Chesnara (LON:CSN) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Chesnara plc (LON:CSN) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 256.77 ($3.16) and traded as high as GBX 257.50 ($3.17). Chesnara shares last traded at GBX 257.50 ($3.17), with a volume of 74,038 shares trading hands.

Chesnara Price Performance

The firm has a 50 day moving average price of GBX 257.89 and a 200 day moving average price of GBX 256.77. The stock has a market capitalization of £388.70 million, a PE ratio of 8,583.33 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.

Insider Transactions at Chesnara

In other news, insider Carol Hagh bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The stock was bought at an average price of GBX 258 ($3.18) per share, with a total value of £25,800 ($31,761.66). 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.