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

Chesnara plc (LON:CSN) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 257.37 ($3.20) and traded as high as GBX 271.50 ($3.37). Chesnara shares last traded at GBX 268 ($3.33), with a volume of 92,448 shares traded.

Chesnara Trading Up 0.6 %

The company has a debt-to-equity ratio of 62.78, a current ratio of 2.35 and a quick ratio of 38.06. The company has a market capitalization of £404.55 million, a price-to-earnings ratio of 8,933.33 and a beta of 0.44. The business’s 50-day moving average price is GBX 259.20 and its two-hundred day moving average price is GBX 257.37.

Insiders Place Their Bets

In other news, insider Carol Hagh acquired 10,000 shares of Chesnara stock in a transaction on Thursday, December 12th. The shares were purchased at an average cost of GBX 258 ($3.20) per share, for a total transaction of £25,800 ($32,041.73). Corporate insiders own 5.47% of the company’s stock.

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.