Direct Line Insurance Group (LON:DLG) Reaches New 1-Year High - Still a Buy?

Direct Line Insurance Group plc (LON:DLG - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 306 ($4.15) and last traded at GBX 304.20 ($4.12), with a volume of 149746 shares traded. The stock had previously closed at GBX 305.20 ($4.14).

Direct Line Insurance Group Trading Down 0.7%

The stock has a 50 day moving average of GBX 286.59 and a 200 day moving average of GBX 267.09. 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 firm has a market cap of £3.87 billion, a P/E ratio of 15.77, a PEG ratio of 2.42 and a beta of 0.42.

Insider Transactions at Direct Line Insurance Group

In other news, insider Jane Poole sold 19,864 shares of the company's stock in a transaction on Monday, March 31st. The shares were sold at an average price of GBX 281 ($3.81), for a total value of £55,817.84 ($75,664.69). Also, insider Adam Winslow sold 387,960 shares of the stock in a transaction on Friday, March 21st. The shares were sold at an average price of GBX 281 ($3.81), for a total transaction of £1,090,167.60 ($1,477,792.60). In the last three months, insiders bought 207 shares of company stock worth $60,214. 0.85% of the stock is currently owned by corporate 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.