Chesnara (LON:CSN) Shares Down 7.1% - Time to Sell?

Chesnara plc (LON:CSN - Get Free Report)'s stock price dropped 7.1% during trading on Tuesday . The stock traded as low as GBX 245.79 ($3.35) and last traded at GBX 264.28 ($3.60). Approximately 1,274,417 shares changed hands during mid-day trading, an increase of 457% from the average daily volume of 228,653 shares. The stock had previously closed at GBX 284.50 ($3.87).

Chesnara Stock Performance

The company's fifty day simple moving average is GBX 285.27 and its 200 day simple moving average is GBX 270.32. 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 has a market capitalization of £395.61 million, a P/E ratio of 94.83 and a beta of 0.44.

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.

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