Direct Line Insurance Group (LON:DLG) Sets New 1-Year High – Should You Buy?

Direct Line Insurance Group plc (LON:DLG) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 310 ($4.24) and last traded at GBX 308.80 ($4.22), with a volume of 59926 shares traded. The stock had previously closed at GBX 306.20 ($4.18).

Direct Line Insurance Group Price Performance

The company has a quick ratio of 0.28, a current ratio of 19.57 and a debt-to-equity ratio of 10.83. The company has a market capitalization of £3.99 billion, a P/E ratio of 16.25, a PEG ratio of 2.42 and a beta of 0.42. The business has a 50 day simple moving average of GBX 293.96 and a 200-day simple moving average of GBX 275.42.

Insider Buying and Selling

In other Direct Line Insurance Group news, insider Jane Poole sold 19,864 shares of the firm’s stock in a transaction dated Monday, March 31st. The stock was sold at an average price of GBX 281 ($3.84), for a total transaction of £55,817.84 ($76,264.30). Insiders have bought a total of 251 shares of company stock valued at $75,224 over the last three months. Company insiders own 0.85% of the company’s stock.

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers motor, home, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises.