Chesnara (LON:CSN) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Chesnara plc (LON:CSNGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 317.54 and traded as high as GBX 343. Chesnara shares last traded at GBX 341.13, with a volume of 373,335 shares.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Royal Bank Of Canada dropped their target price on shares of Chesnara from GBX 370 to GBX 360 and set an “outperform” rating on the stock in a report on Wednesday, April 15th. Berenberg Bank raised their price target on Chesnara from GBX 373 to GBX 404 and gave the company a “buy” rating in a research report on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 382.

View Our Latest Stock Analysis on CSN

Chesnara Stock Down 0.3%

The company has a quick ratio of 38.06, a current ratio of 2.92 and a debt-to-equity ratio of 49.41. The company has a market capitalization of £768.24 million, a P/E ratio of -65.94 and a beta of 0.52. The firm has a 50-day moving average price of GBX 333.45 and a two-hundred day moving average price of GBX 317.80.

Insider Buying and Selling

In other Chesnara news, insider Tom Howard sold 55,544 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of GBX 319, for a total value of £177,185.36. 0.87% of the stock is currently owned by insiders.

Chesnara Company Profile

(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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