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Direct Line Insurance Group (LON:DLG) Reaches New 1-Year High - Here's What Happened

Direct Line Insurance Group logo with Financial Services background

Shares of Direct Line Insurance Group plc (LON:DLG - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 306.05 ($4.11) and last traded at GBX 306.01 ($4.11), with a volume of 2285217 shares traded. The stock had previously closed at GBX 302.60 ($4.06).

Direct Line Insurance Group Trading Up 0.9%

The company has a 50 day moving average of GBX 289.48 and a two-hundred day moving average of GBX 271.03. 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 stock has a market capitalization of £3.96 billion, a PE ratio of 16.14, a P/E/G ratio of 2.42 and a beta of 0.42.

Insiders Place Their Bets

In related news, insider Jane Poole sold 19,864 shares of the company's stock in a transaction dated Monday, March 31st. The stock was sold at an average price of GBX 281 ($3.77), for a total value of £55,817.84 ($74,933.33). Also, insider Adam Winslow sold 387,960 shares of the business's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of GBX 281 ($3.77), for a total value of £1,090,167.60 ($1,463,508.66). In the last 90 days, insiders bought 207 shares of company stock valued at $60,214. 0.85% of the stock is owned by company insiders.

Direct Line Insurance Group Company Profile

(Get Free Report)

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.

See Also

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