Chesnara (LON:CSN) Stock Crosses Above Two Hundred Day Moving Average of $255.48

Chesnara plc (LON:CSN)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 255.48 ($3.42) and traded as high as GBX 259.35 ($3.47). Chesnara shares last traded at GBX 257.50 ($3.45), with a volume of 117,317 shares changing hands.

Chesnara Stock Up 1.0 %

The stock has a market capitalization of £388.70 million, a P/E ratio of 8,583.33 and a beta of 0.44. The stock’s fifty day simple moving average is GBX 257.96 and its two-hundred day simple moving average is GBX 255.48. The company has a debt-to-equity ratio of 62.78, a quick ratio of 38.06 and a current ratio of 2.35.

Chesnara Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, September 19th will be paid a dividend of GBX 8.61 ($0.12) per share. This represents a yield of 3.27%. The ex-dividend date is Thursday, September 19th. Chesnara’s dividend payout ratio is presently 80,000.00%.

Insider Transactions at Chesnara

In other Chesnara news, insider Steve Murray acquired 11,410 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were purchased at an average cost of GBX 262 ($3.51) per share, with a total value of £29,894.20 ($40,029.73). Insiders own 5.53% of the company’s stock.

Chesnara Company Profile

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.