Chesnara (LON:CSN) Hits New 1-Year Low – What’s Next?

Chesnara plc (LON:CSN)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 239 ($3.05) and last traded at GBX 245 ($3.13), with a volume of 2029077 shares trading hands. The stock had previously closed at GBX 252 ($3.22).

Chesnara Stock Performance

The company has a market cap of £377.35 million, a P/E ratio of 90.45 and a beta of 0.44. The stock has a 50 day moving average price of GBX 264.30 and a two-hundred day moving average price of GBX 259.74. The company has a quick ratio of 38.06, a current ratio of 2.55 and a debt-to-equity ratio of 62.42.

Chesnara (LON:CSN) last posted its quarterly earnings data on Friday, March 28th. The company reported GBX 2.56 ($0.03) earnings per share for the quarter. Chesnara had a return on equity of 1.21% and a net margin of 1.02%. On average, research analysts predict that Chesnara plc will post 25.3183154 earnings per share for the current fiscal year.

Chesnara Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, April 10th will be issued a dividend of GBX 23.95 ($0.31) per share. The ex-dividend date is Thursday, April 10th. This is a boost from Chesnara’s previous dividend of $8.61. This represents a dividend yield of 4.24%. Chesnara’s dividend payout ratio (DPR) is currently 875.33%.

Insiders Place Their Bets

In other news, insider Steve Murray purchased 11,012 shares of Chesnara stock in a transaction that occurred on Friday, March 28th. The shares were acquired at an average price of GBX 272 ($3.48) per share, for a total transaction of £29,952.64 ($38,273.24). Corporate insiders own 5.47% of the company’s stock.

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.