Chesnara (LON:CSN) Shares Down 10.2% - Should You Sell?

Shares of Chesnara plc (LON:CSN - Get Free Report) were down 10.2% during mid-day trading on Tuesday . The company traded as low as GBX 245.79 ($3.35) and last traded at GBX 255.50 ($3.48). Approximately 1,672,399 shares were traded during mid-day trading, an increase of 622% from the average daily volume of 231,714 shares. The stock had previously closed at GBX 284.50 ($3.87).

Chesnara Trading Down 10.2%

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 business has a 50 day moving average price of GBX 285.27 and a 200-day moving average price of GBX 270.32. The firm has a market cap of £388.76 million, a price-to-earnings ratio of 93.19 and a beta of 0.44.

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.

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