Chesnara (LON:CSN) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Chesnara plc (LON:CSN)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 254.66 ($3.18) and traded as high as GBX 257.50 ($3.22). Chesnara shares last traded at GBX 253 ($3.16), with a volume of 257,357 shares traded.

Chesnara Price Performance

The business has a fifty day moving average price of GBX 254.50 and a 200 day moving average price of GBX 254.66. The company has a debt-to-equity ratio of 62.78, a current ratio of 2.35 and a quick ratio of 38.06. The company has a market capitalization of £380.70 million, a price-to-earnings ratio of 8,406.67 and a beta of 0.44.

Insider Activity at Chesnara

In other Chesnara news, insider Carol Hagh purchased 10,000 shares of the company’s stock in a transaction on Thursday, December 12th. The shares were purchased at an average cost of GBX 258 ($3.22) per share, for a total transaction of £25,800 ($32,245.97). 5.47% of the stock is currently owned by insiders.

About Chesnara

Chesnara plc, together with its subsidiaries, operates in life assurance and pension businesses primarily in the United Kingdom, the Netherlands, and Sweden. It operates through UK, Movestic, Waard Group, and Scildon segments. The company underwrites life risks, such as death, disability, health, and accident; and provides a portfolio of investment contracts for the savings and retirement needs of customers through asset management, as well as general insurance products.