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

Shares of Chesnara plc (LON:CSN) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 258.66 ($3.28) and traded as high as GBX 263.50 ($3.34). Chesnara shares last traded at GBX 261 ($3.31), with a volume of 49,245 shares.

Chesnara Trading Up 0.5 %

The stock has a market capitalization of £399.03 million, a P/E ratio of 95.65 and a beta of 0.44. The company has a fifty day simple moving average of GBX 262.21 and a two-hundred day simple moving average of GBX 258.66. The company has a quick ratio of 38.06, a current ratio of 2.55 and a debt-to-equity ratio of 62.42.

Insider Activity

In other news, insider Carol Hagh purchased 10,000 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were bought at an average cost of GBX 258 ($3.27) per share, for a total transaction of £25,800 ($32,699.62). 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.