Chesnara (LON:CSN) Shares Cross Above 200 Day Moving Average – Time to Sell?

Chesnara plc (LON:CSN) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 287.40 and traded as high as GBX 326.55. Chesnara shares last traded at GBX 325.50, with a volume of 403,809 shares trading hands.

Chesnara Stock Up 0.8%

The company has a quick ratio of 38.06, a current ratio of 2.55 and a debt-to-equity ratio of 62.42. The stock has a market capitalization of £754.39 million, a P/E ratio of -77.39 and a beta of 0.44. The company has a fifty day moving average price of GBX 305.55 and a 200-day moving average price of GBX 287.40.

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.