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

Shares of Direct Line Insurance Group plc (LON:DLG) hit a new 52-week high 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. The stock had previously closed at GBX 306.20 ($4.18).

Direct Line Insurance Group Stock Performance

The firm has a market capitalization of £3.99 billion, a PE ratio of 16.25, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42. The company has a debt-to-equity ratio of 10.83, a quick ratio of 0.28 and a current ratio of 19.57. The company’s fifty day moving average price is GBX 293.96 and its two-hundred day moving average price is GBX 275.42.

Insider Buying and Selling

In related news, insider Jane Poole sold 19,864 shares of the stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of GBX 281 ($3.84), for a total transaction of £55,817.84 ($76,264.30). In the last quarter, insiders acquired 251 shares of company stock valued at $75,224. 0.85% of the stock is currently owned by corporate insiders.

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.