Chesnara (LON:CSN) Shares Down 8.6% - Should You Sell?

Chesnara plc (LON:CSN - Get Free Report)'s share price fell 8.6% on Tuesday . The company traded as low as GBX 245.79 ($3.34) and last traded at GBX 260 ($3.53). 1,311,834 shares were traded during trading, an increase of 473% from the average session volume of 228,940 shares. The stock had previously closed at GBX 284.50 ($3.87).

Chesnara Trading Down 10.2%

The business has a 50 day moving average price of GBX 285.27 and a 200-day moving average price of GBX 270.32. 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 market cap of £388.76 million, a price-to-earnings ratio of 93.19 and a beta of 0.44.

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.