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

Shares of Direct Line Insurance Group plc (LON:DLG - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 310 ($4.24) and last traded at GBX 308.80 ($4.22), with a volume of 59926 shares trading hands. The stock had previously closed at GBX 306.20 ($4.18).

Direct Line Insurance Group Trading Up 0.3%

The company has a market cap of £3.98 billion, a P/E ratio of 16.20, a P/E/G ratio of 2.42 and a beta of 0.42. The business's 50-day moving average price is GBX 293.30 and its 200 day moving average price is GBX 274.93. The company has a debt-to-equity ratio of 10.83, a quick ratio of 0.28 and a current ratio of 19.57.

Insider Activity at Direct Line Insurance Group

In related news, insider Jane Poole sold 19,864 shares of the business's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of GBX 281 ($3.84), for a total transaction of £55,817.84 ($76,264.30). In the last ninety days, insiders bought 305 shares of company stock worth $90,398. Insiders own 0.85% of the company's stock.

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.