Direct Line Insurance Group (LON:DLG) Hits New 1-Year High - What's Next?

Direct Line Insurance Group plc (LON:DLG - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 296.40 ($3.96) and last traded at GBX 295.60 ($3.95), with a volume of 534123 shares trading hands. The stock had previously closed at GBX 292.60 ($3.91).

Direct Line Insurance Group Price Performance

The business has a 50-day simple moving average of GBX 279.67 and a 200 day simple moving average of GBX 252.04. The stock has a market cap of £3.84 billion, a P/E ratio of 15.65, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42. The company has a current ratio of 19.57, a quick ratio of 0.28 and a debt-to-equity ratio of 10.83.

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

Insider Activity at Direct Line Insurance Group

In other Direct Line Insurance Group news, insider Jane Poole sold 19,864 shares of the stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of GBX 281 ($3.75), for a total value of £55,817.84 ($74,553.01). Also, insider Adam Winslow sold 387,960 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of GBX 281 ($3.75), for a total value of £1,090,167.60 ($1,456,080.67). Insiders have acquired a total of 161 shares of company stock worth $44,864 in the last 90 days. Corporate 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.

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