Insider Buying: Chesnara plc (LON:CSN) Insider Purchases 11,410 Shares of Stock

Chesnara plc (LON:CSN) insider Steve Murray purchased 11,410 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were bought at an average price of GBX 262 ($3.43) per share, with a total value of £29,894.20 ($39,092.72).

Steve Murray also recently made the following trade(s):

• On Wednesday, July 31st, Steve Murray sold 16,482 shares of Chesnara stock. The shares were sold at an average price of GBX 256 ($3.35), for a total value of £42,193.92 ($55,177.09).

Chesnara Stock Performance

LON:CSN opened at GBX 259.01 ($3.39) on Wednesday. The company has a market capitalization of £390.97 million, a P/E ratio of 2,137.50 and a beta of 0.47. The business has a fifty day simple moving average of GBX 255.88 and a two-hundred day simple moving average of GBX 255.40. The company has a debt-to-equity ratio of 58.16, a current ratio of 1.14 and a quick ratio of 38.06. Chesnara plc has a 1 year low of GBX 240 ($3.14) and a 1 year high of GBX 289.50 ($3.79).

Chesnara Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, September 19th will be paid a GBX 8.61 ($0.11) dividend. This represents a yield of 3.27%. The ex-dividend date of this dividend is Thursday, September 19th. Chesnara’s dividend payout ratio is currently 20,000.00%.

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.