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

Chesnara plc (LON:CSN)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 258.40 ($3.25) and traded as high as GBX 264 ($3.32). Chesnara shares last traded at GBX 264 ($3.32), with a volume of 118,318 shares traded.

Chesnara Stock Performance

The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55. The stock has a fifty day simple moving average of GBX 261.91 and a two-hundred day simple moving average of GBX 258.44. The stock has a market capitalization of £394.85 million, a price-to-earnings ratio of 94.65 and a beta of 0.44.

Insider Activity

In other news, insider Carol Hagh bought 10,000 shares of Chesnara stock in a transaction dated Thursday, December 12th. The stock was bought at an average cost of GBX 258 ($3.25) per share, for a total transaction of £25,800 ($32,465.08). 5.47% of the stock is currently owned by company insiders.

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.