Chesnara (LON:CSN) Stock Price Down 10.2% - Here's Why

Chesnara plc (LON:CSN - Get Free Report) shares dropped 10.2% on Tuesday . The stock traded as low as GBX 245.79 ($3.34) and last traded at GBX 255.50 ($3.47). Approximately 1,672,399 shares changed hands 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 Stock Performance

The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55. The stock has a market cap of £383.44 million, a P/E ratio of 91.91 and a beta of 0.44. The firm's 50 day moving average is GBX 285.28 and its 200 day moving average is GBX 270.21.

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.