Chesnara (LON:CSN) Stock Price Down 10.2% - Time to Sell?

Chesnara plc (LON:CSN - Get Free Report)'s share price was down 10.2% during mid-day trading on Wednesday . The stock traded as low as GBX 245.79 ($3.32) and last traded at GBX 255.50 ($3.45). Approximately 1,672,399 shares traded hands during trading, an increase of 622% from the average daily volume of 231,714 shares. The stock had previously closed at GBX 284.50 ($3.84).

Chesnara Price Performance

The company has a market capitalization of £394.09 million, a price-to-earnings ratio of 94.46 and a beta of 0.44. The company's 50 day simple moving average is GBX 284.86 and its 200-day simple moving average is GBX 270.07. The company has a current ratio of 2.55, a quick ratio of 38.06 and a debt-to-equity ratio of 62.42.

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.