Chesnara (LON:CSN) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Chesnara plc (LON:CSN) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 stock has a 50-day moving average of GBX 289.71 and a two-hundred day moving average of GBX 279.50. The company has a market cap of £697.31 million, a P/E ratio of -71.55 and a beta of 0.44. The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55.

About Chesnara

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.