Chesnara (LON:CSN) Reaches New 1-Year High - Time to Buy?

Chesnara plc (LON:CSN - Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 297.50 ($3.99) and last traded at GBX 296 ($3.97), with a volume of 105324 shares trading hands. The stock had previously closed at GBX 293.50 ($3.94).

Chesnara Price Performance

The company has a fifty day simple moving average of GBX 272.56 and a two-hundred day simple moving average of GBX 266.21. The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55. The company has a market capitalization of £450.38 million, a price-to-earnings ratio of 107.96 and a beta of 0.44.

Chesnara (LON:CSN - Get Free Report) last issued its quarterly 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%. As a group, research analysts anticipate that Chesnara plc will post 25.3183154 earnings per share for the current year.

Chesnara Increases Dividend

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

Insider Transactions at Chesnara

In other news, insider Steve Murray acquired 11,012 shares of the company's stock in a transaction dated Friday, March 28th. The stock was acquired at an average cost of GBX 272 ($3.65) per share, for a total transaction of £29,952.64 ($40,210.28). Insiders own 5.47% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.