Chesnara (LON:CSN) Shares Down 0.2% – Here’s Why

Chesnara plc (LON:CSN)’s stock price dropped 0.2% during mid-day trading on Wednesday . The company traded as low as GBX 257 ($3.24) and last traded at GBX 257.50 ($3.25). Approximately 46,532 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 189,001 shares. The stock had previously closed at GBX 258 ($3.26).

Chesnara Stock Performance

The company has a market cap of £387.94 million, a P/E ratio of 8,566.67 and a beta of 0.44. The company has a debt-to-equity ratio of 62.78, a quick ratio of 38.06 and a current ratio of 2.35. The firm has a 50 day moving average price of GBX 254.50 and a 200-day moving average price of GBX 254.56.

Insider Activity

In other news, insider Carol Hagh acquired 10,000 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was purchased at an average cost of GBX 258 ($3.26) per share, for a total transaction of £25,800 ($32,563.42). Corporate insiders own 5.47% of the company’s stock.

Chesnara Company Profile

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.