Chesnara (LON:CSN) Sets New 52-Week High - What's Next?

Chesnara plc (LON:CSN - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 297.50 ($4.01) and last traded at GBX 296 ($3.99), with a volume of 105324 shares changing hands. The stock had previously closed at GBX 293.50 ($3.95).

Chesnara Price Performance

The stock has a market capitalization of £456.47 million, a price-to-earnings ratio of 109.42 and a beta of 0.44. The company's 50-day simple moving average is GBX 275.40 and its 200-day simple moving average is GBX 266.94. The company has a debt-to-equity ratio of 62.42, a current ratio of 2.55 and a quick ratio of 38.06.

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

Chesnara Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 14th. Shareholders of record on Thursday, April 10th were given a dividend of GBX 23.95 ($0.32) per share. This is a boost from Chesnara's previous dividend of $8.61. The ex-dividend date of this dividend was Thursday, April 10th. This represents a yield of 4.24%. Chesnara's dividend payout ratio (DPR) is presently 875.33%.

Insider Transactions at Chesnara

In other Chesnara news, insider Steve Murray bought 11,012 shares of the firm's stock in a transaction on Friday, March 28th. The shares were purchased at an average price of GBX 272 ($3.66) per share, for a total transaction of £29,952.64 ($40,334.82). Insiders own 5.47% of the company's stock.

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.