Direct Line Insurance Group (LON:DLG) Sets New 12-Month High - Should You Buy?

Direct Line Insurance Group plc (LON:DLG - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 296.40 ($4.01) and last traded at GBX 295.60 ($4.00), with a volume of 534123 shares traded. The stock had previously closed at GBX 292.60 ($3.96).

Direct Line Insurance Group Trading Up 0.5%

The business's fifty day simple moving average is GBX 281.23 and its 200 day simple moving average is GBX 255.15. The company has a current ratio of 19.57, a quick ratio of 0.28 and a debt-to-equity ratio of 10.83. The stock has a market cap of £3.92 billion, a P/E ratio of 15.95, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42.

Direct Line Insurance Group (LON:DLG - Get Free Report) last released its earnings results on Wednesday, March 5th. The company reported GBX 11.20 ($0.15) earnings per share (EPS) for the quarter. Direct Line Insurance Group had a net margin of 8.18% and a return on equity of 12.96%. As a group, analysts expect that Direct Line Insurance Group plc will post 21.3365735 EPS for the current year.

Insider Buying and Selling at Direct Line Insurance Group

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 ($3.80), for a total value of £55,817.84 ($75,562.26). Also, insider Adam Winslow sold 387,960 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of GBX 281 ($3.80), for a total transaction of £1,090,167.60 ($1,475,792.07). In the last three months, insiders have acquired 161 shares of company stock worth $44,864. Company insiders own 0.85% of the company's stock.

About Direct Line Insurance Group

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.