Chesnara (LON:CSN) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Chesnara plc (LON:CSN) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 258.77 ($3.35) and traded as high as GBX 269 ($3.48). Chesnara shares last traded at GBX 267.50 ($3.46), with a volume of 272,666 shares traded.

Chesnara Price Performance

The company has a market capitalization of £412.35 million, a P/E ratio of 98.84 and a beta of 0.44. 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 fifty day moving average of GBX 262.63 and a 200 day moving average of GBX 258.87.

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.