Direct Line Insurance Group (LON:DLG) Sets New 1-Year High – Should You Buy?

Direct Line Insurance Group plc (LON:DLG) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 269.80 ($3.37) and last traded at GBX 268.80 ($3.36), with a volume of 4133457 shares. The stock had previously closed at GBX 265.80 ($3.32).

Direct Line Insurance Group Trading Up 1.1 %

The stock has a market capitalization of £3.49 billion, a PE ratio of 1,168.70, a PEG ratio of 2.42 and a beta of 0.42. The company has a current ratio of 0.57, a quick ratio of 0.28 and a debt-to-equity ratio of 20.04. The business’s 50-day moving average is GBX 248.26 and its two-hundred day moving average is GBX 203.11.

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.