Chesnara (LON:CSN) Share Price Passes Above Two Hundred Day Moving Average of $255.60

Chesnara plc (LON:CSN)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 255.60 ($3.38) and traded as high as GBX 267 ($3.53). Chesnara shares last traded at GBX 265 ($3.50), with a volume of 288,844 shares traded.

Chesnara Trading Down 0.6 %

The company has a quick ratio of 38.06, a current ratio of 2.35 and a debt-to-equity ratio of 62.78. The business’s fifty day moving average is GBX 257.56 and its 200 day moving average is GBX 255.67. The firm has a market capitalization of £384.92 million, a price-to-earnings ratio of 8,500.00 and a beta of 0.47.

Chesnara Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, September 19th will be issued a dividend of GBX 8.61 ($0.11) per share. The ex-dividend date of this dividend is Thursday, September 19th. This represents a dividend yield of 3.27%. Chesnara’s payout ratio is 80,000.00%.

Insider Buying and Selling

In related news, insider Steve Murray acquired 11,410 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The shares were acquired at an average cost of GBX 262 ($3.46) per share, for a total transaction of £29,894.20 ($39,490.36). 5.22% of the stock is currently owned by company insiders.

About Chesnara

Chesnara plc, together with its subsidiaries, operates in life assurance and pension businesses primarily in the United Kingdom, the Netherlands, and Sweden. It operates through UK, Movestic, Waard Group, and Scildon segments. The company underwrites life risks, such as death, disability, health, and accident; and provides a portfolio of investment contracts for the savings and retirement needs of customers through asset management, as well as general insurance products.