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

Chesnara plc (LON:CSNGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 260.20 ($3.46) and traded as high as GBX 274.90 ($3.66). Chesnara shares last traded at GBX 274 ($3.65), with a volume of 281,309 shares traded.

Chesnara Price Performance

The stock has a fifty day moving average of GBX 262.30 and a two-hundred day moving average of GBX 260.20. The company has a current ratio of 2.55, a quick ratio of 38.06 and a debt-to-equity ratio of 62.42. The stock has a market capitalization of £416.91 million, a price-to-earnings ratio of 99.93 and a beta of 0.44.

Chesnara (LON:CSNGet Free Report) last released its quarterly earnings results on Friday, March 28th. The company reported GBX 2.56 ($0.03) earnings per share (EPS) for the quarter. Chesnara had a return on equity of 1.21% and a net margin of 1.02%. As a group, equities research analysts forecast that Chesnara plc will post 25.3183154 earnings per share for the current year.

Chesnara Increases Dividend

The business also recently declared a dividend, which was paid on Monday, April 14th. Stockholders of record on Thursday, April 10th were paid a dividend of GBX 23.95 ($0.32) per share. This is a boost from Chesnara’s previous dividend of $8.61. This represents a dividend yield of 4.24%. The ex-dividend date was Thursday, April 10th. Chesnara’s dividend payout ratio is 875.33%.

Insider Buying and Selling

In other news, insider Steve Murray acquired 11,012 shares of the stock in a transaction that occurred on Friday, March 28th. The stock was purchased at an average cost of GBX 272 ($3.62) per share, for a total transaction of £29,952.64 ($39,846.53). 5.47% of the stock is currently owned by corporate insiders.

Chesnara Company Profile

(Get Free Report)

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.

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