Direct Line Insurance Group (LON:DLG) Reaches New 52-Week High - Here's Why

Direct Line Insurance Group plc (LON:DLG - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 306.05 ($4.12) and last traded at GBX 306.01 ($4.12), with a volume of 2285217 shares traded. The stock had previously closed at GBX 302.60 ($4.07).

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 current ratio of 19.57 and a quick ratio of 0.28. The stock has a 50-day moving average price of GBX 291.97 and a 200-day moving average price of GBX 273.63.

Insider Transactions at Direct Line Insurance Group

In related news, insider Jane Poole sold 19,864 shares of Direct Line Insurance Group stock in a transaction dated Monday, March 31st. The stock was sold at an average price of GBX 281 ($3.78), for a total value of £55,817.84 ($75,064.34). Over the last ninety days, insiders have acquired 207 shares of company stock valued at $60,214. 0.85% of the stock is currently owned by 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.