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

Chesnara plc (LON:CSN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 257.94 ($3.21) and traded as high as GBX 269 ($3.35). Chesnara shares last traded at GBX 265 ($3.30), with a volume of 291,191 shares traded.

Chesnara Price Performance

The company has a debt-to-equity ratio of 62.78, a quick ratio of 38.06 and a current ratio of 2.35. The firm has a market cap of £400.77 million, a P/E ratio of 8,850.00 and a beta of 0.44. The company has a 50-day moving average of GBX 261.41 and a 200 day moving average of GBX 258.23.

Insider Buying and Selling at Chesnara

In other Chesnara news, insider Carol Hagh acquired 10,000 shares of the business's stock in a transaction on Thursday, December 12th. The stock was purchased at an average price of GBX 258 ($3.21) per share, for a total transaction of £25,800 ($32,125.51). 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.