Chesnara (LON:CSN) Sets New 52-Week High - Still a Buy?

Chesnara plc (LON:CSN - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 291 ($3.92) and last traded at GBX 287.50 ($3.87), with a volume of 136415 shares. The stock had previously closed at GBX 284 ($3.82).

Chesnara Price Performance

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 stock's fifty day moving average is GBX 266.60 and its 200 day moving average is GBX 263.03. The company has a market capitalization of £429.08 million, a P/E ratio of 102.85 and a beta of 0.44.

Chesnara (LON:CSN - Get Free Report) last announced its quarterly earnings data on Friday, March 28th. The company reported GBX 2.56 ($0.03) EPS for the quarter. Chesnara had a net margin of 1.02% and a return on equity of 1.21%. Research analysts predict that Chesnara plc will post 25.3183154 EPS for the current fiscal year.

Chesnara Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, April 14th. Investors of record on Thursday, April 10th were issued a GBX 23.95 ($0.32) dividend. The ex-dividend date was Thursday, April 10th. This is a positive change from Chesnara's previous dividend of $8.61. This represents a dividend yield of 4.24%. Chesnara's dividend payout ratio (DPR) is 875.33%.

Insiders Place Their Bets

In related news, insider Steve Murray bought 11,012 shares of the business's stock in a transaction on Friday, March 28th. The shares were bought at an average price of GBX 272 ($3.66) per share, for a total transaction of £29,952.64 ($40,302.26). 5.47% of the stock is owned by insiders.

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.