Insider Buying: Chesnara plc (LON:CSN) Insider Acquires 11,012 Shares of Stock

Chesnara plc (LON:CSN) insider Steve Murray purchased 11,012 shares of the stock in a transaction that occurred on Friday, March 28th. The stock was bought at an average cost of GBX 272 ($3.52) per share, with a total value of £29,952.64 ($38,778.66).

Chesnara Trading Down 1.1 %

CSN traded down GBX 3 ($0.04) during mid-day trading on Friday, reaching GBX 273 ($3.53). The stock had a trading volume of 427,137 shares, compared to its average volume of 196,922. The stock has a market capitalization of £415.39 million, a P/E ratio of 99.57 and a beta of 0.44. Chesnara plc has a 52 week low of GBX 240 ($3.11) and a 52 week high of GBX 289.50 ($3.75). The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55. The firm’s fifty day simple moving average is GBX 264.76 and its two-hundred day simple moving average is GBX 259.70.

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

Chesnara Increases Dividend

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

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.