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Chesnara (LON:CSN) Stock Price Down 8.6% - Here's What Happened

Chesnara logo with Financial Services background

Shares of Chesnara plc (LON:CSN - Get Free Report) traded down 8.6% on Tuesday . The stock traded as low as GBX 245.79 ($3.32) and last traded at GBX 260 ($3.51). 1,311,834 shares traded hands during trading, an increase of 473% from the average session volume of 228,940 shares. The stock had previously closed at GBX 284.50 ($3.84).

Chesnara Stock Up 3.0%

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 284.86 and a two-hundred day moving average of GBX 270.02. The firm has a market capitalization of £394.09 million, a price-to-earnings ratio of 94.46 and a beta of 0.44.

About Chesnara

(Get Free Report)

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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