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

Shares of Direct Line Insurance Group plc (LON:DLG - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as GBX 304 ($4.13) and last traded at GBX 301 ($4.09), with a volume of 70779 shares trading hands. The stock had previously closed at GBX 297.60 ($4.04).

Direct Line Insurance Group Price Performance

The firm has a market cap of £3.92 billion, a P/E ratio of 15.94, a PEG 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 company's 50-day moving average is GBX 284.15 and its two-hundred day moving average is GBX 262.07.

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

Insider Buying and Selling at Direct Line Insurance Group

In related news, insider Adam Winslow sold 387,960 shares of Direct Line Insurance Group stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of GBX 281 ($3.82), for a total transaction of £1,090,167.60 ($1,480,401.41). Also, insider Jane Poole sold 19,864 shares of the company's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of GBX 281 ($3.82), for a total transaction of £55,817.84 ($75,798.26). Insiders bought a total of 207 shares of company stock worth $60,214 over the last three months. 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.