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

Direct Line Insurance Group plc (LON:DLG)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 257.60 ($3.20) and last traded at GBX 255.76 ($3.18), with a volume of 6690362 shares changing hands. The stock had previously closed at GBX 255.20 ($3.17).

Direct Line Insurance Group Trading Up 0.2 %

The firm has a market cap of £3.34 billion, a price-to-earnings ratio of 1,115.60, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42. The business’s 50 day moving average price is GBX 202.78 and its 200-day moving average price is GBX 193.67. The company has a debt-to-equity ratio of 20.04, a quick ratio of 0.28 and a current ratio of 0.57.

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.