Chesnara (LON:CSN) Trading Down 10.2% - Here's What Happened

Chesnara plc (LON:CSN - Get Free Report) fell 10.2% on Tuesday . The stock traded as low as GBX 245.79 ($3.34) and last traded at GBX 255.50 ($3.47). 1,672,399 shares were traded during mid-day trading, an increase of 622% from the average session volume of 231,714 shares. The stock had previously closed at GBX 284.50 ($3.86).

Chesnara Stock Performance

The stock has a 50-day moving average price of GBX 284.94 and a 200 day moving average price of GBX 270.05. The firm has a market capitalization of £394.09 million, a price-to-earnings ratio of 94.46 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.

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.