Chesnara (LON:CSN) Stock Price Down 9.8% - Here's What Happened

Chesnara plc (LON:CSN - Get Free Report)'s stock price traded down 9.8% on Tuesday . The stock traded as low as GBX 245.79 ($3.32) and last traded at GBX 256.60 ($3.46). 561,769 shares changed hands during mid-day trading, an increase of 152% from the average session volume of 223,171 shares. The stock had previously closed at GBX 284.50 ($3.84).

Chesnara Price Performance

The company has a market capitalization of £394.09 million, a P/E ratio of 94.46 and a beta of 0.44. The business's 50-day simple moving average is GBX 284.86 and its 200 day simple moving average is GBX 270.02. The company has a current ratio of 2.55, a quick ratio of 38.06 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.