Chesnara (LON:CSN) Stock Crosses Above Two Hundred Day Moving Average - Here's Why

Chesnara plc (LON:CSN - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 258.40 ($3.27) and traded as high as GBX 264 ($3.35). Chesnara shares last traded at GBX 264 ($3.35), with a volume of 118,318 shares changing hands.

Chesnara Stock Performance

The firm's fifty day moving average price is GBX 261.99 and its 200-day moving average price is GBX 258.46. 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 firm has a market cap of £397.13 million, a price-to-earnings ratio of 95.19 and a beta of 0.44.

Insider Activity

In related news, insider Carol Hagh bought 10,000 shares of the stock in a transaction dated Thursday, December 12th. The stock was acquired at an average price of GBX 258 ($3.27) per share, for a total transaction of £25,800 ($32,691.33). Company 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.