Chesnara (LON:CSN) Stock Price Down 7.6% - Here's Why

Chesnara plc (LON:CSN - Get Free Report)'s share price dropped 7.6% on Tuesday . The stock traded as low as GBX 245.79 ($3.35) and last traded at GBX 263 ($3.58). Approximately 1,286,289 shares changed hands during mid-day trading, an increase of 462% from the average daily volume of 228,744 shares. The stock had previously closed at GBX 284.50 ($3.87).

Chesnara Stock Down 8.6%

The company has a market capitalization of £395.61 million, a PE ratio of 94.83 and a beta of 0.44. 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 firm has a 50-day moving average of GBX 285.27 and a two-hundred day moving average of GBX 270.32.

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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