Direct Line Insurance Group (LON:DLG) Hits New 52-Week High - Should You Buy?

Direct Line Insurance Group plc (LON:DLG - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 293.80 ($3.90) and last traded at GBX 289 ($3.84), with a volume of 3670246 shares. The stock had previously closed at GBX 286.60 ($3.81).

Direct Line Insurance Group Price Performance

The stock has a market cap of £3.79 billion, a PE ratio of 15.45, a PEG ratio of 2.42 and a beta of 0.42. The firm's 50-day moving average price is GBX 279.34 and its two-hundred day moving average price is GBX 250.08. 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 issued its quarterly earnings data 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%. On average, equities analysts expect that Direct Line Insurance Group plc will post 21.3365735 earnings per share for the current fiscal year.

Insider Activity at Direct Line Insurance Group

In other news, insider Adam Winslow sold 387,960 shares of Direct Line Insurance Group stock in a transaction on Friday, March 21st. The shares were sold at an average price of GBX 281 ($3.73), for a total transaction of £1,090,167.60 ($1,448,150.37). Also, insider Jane Poole sold 19,864 shares of Direct Line Insurance Group stock in a transaction on Monday, March 31st. The stock was sold at an average price of GBX 281 ($3.73), for a total transaction of £55,817.84 ($74,146.97). Insiders have acquired a total of 161 shares of company stock valued at $44,864 over the last ninety days. 0.85% of the stock is owned by company insiders.

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.