Direct Line Insurance Group (LON:DLG) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Direct Line Insurance Group plc (LON:DLG) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 205.55 ($2.59) and traded as high as GBX 267.87 ($3.37). Direct Line Insurance Group shares last traded at GBX 267.32 ($3.36), with a volume of 6,077,718 shares changing hands.

Direct Line Insurance Group Trading Down 0.2 %

The company has a fifty day moving average price of GBX 256.93 and a two-hundred day moving average price of GBX 206.02. The firm has a market capitalization of £3.46 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 2.42 and a beta of 0.42. The company has a current ratio of 19.57, a quick ratio of 0.28 and a debt-to-equity ratio of 10.83.

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.