Chesnara (LON:CSN) Stock Passes Above Two Hundred Day Moving Average - Here's What Happened

Chesnara plc (LON:CSN - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 261.41 ($3.54) and traded as high as GBX 281.50 ($3.81). Chesnara shares last traded at GBX 281.50 ($3.81), with a volume of 147,020 shares trading hands.

Chesnara Stock Down 0.4%

The firm has a 50 day moving average price of GBX 265.48 and a two-hundred day moving average price of GBX 262.15. The firm has a market capitalization of £432.13 million, a price-to-earnings ratio of 103.58 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.

Chesnara (LON:CSN - Get Free Report) last issued its earnings results 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%. On average, equities analysts expect that Chesnara plc will post 25.3183154 earnings per share for the current fiscal year.

Chesnara Increases Dividend

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

Insider Buying and Selling at Chesnara

In other Chesnara news, insider Steve Murray purchased 11,012 shares of the business's stock in a transaction that occurred on Friday, March 28th. The shares were acquired at an average price of GBX 272 ($3.68) per share, for a total transaction of £29,952.64 ($40,531.31). 5.47% of the stock is owned by corporate insiders.

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.