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

Chesnara plc (LON:CSN)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 279.50 and traded as high as GBX 303. Chesnara shares last traded at GBX 302, with a volume of 357,846 shares traded.

Chesnara Stock Performance

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 £696.16 million, a PE ratio of -71.43 and a beta of 0.44. The stock’s 50 day moving average price is GBX 290.24 and its 200 day moving average price is GBX 279.57.

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.