Direct Line Insurance Group (LON:DLG) Sets New 52-Week High – What’s Next?

Direct Line Insurance Group plc (LON:DLG)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 290 ($3.85) and last traded at GBX 285.60 ($3.79), with a volume of 155446 shares traded. The stock had previously closed at GBX 286.60 ($3.80).

Direct Line Insurance Group Stock Down 0.0 %

The company has a current ratio of 19.57, a quick ratio of 0.28 and a debt-to-equity ratio of 10.83. The stock has a market capitalization of £3.72 billion, a P/E ratio of 15.14, a P/E/G ratio of 2.42 and a beta of 0.42. The firm’s fifty day moving average is GBX 276.35 and its 200-day moving average is GBX 242.87.

Direct Line Insurance Group (LON:DLG) last released its quarterly earnings results on Wednesday, March 5th. The company reported GBX 11.20 ($0.15) EPS for the quarter. Direct Line Insurance Group had a return on equity of 12.96% and a net margin of 8.18%. As a group, equities research analysts predict that Direct Line Insurance Group plc will post 21.3365735 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Jane Poole sold 19,864 shares of the stock in a transaction on Monday, March 31st. The stock was sold at an average price of GBX 281 ($3.73), for a total value of £55,817.84 ($74,087.92). Also, insider Adam Winslow sold 387,960 shares of the company’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of GBX 281 ($3.73), for a total value of £1,090,167.60 ($1,446,997.08). Insiders have purchased a total of 161 shares of company stock worth $44,864 in the last 90 days. Corporate 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.