Direct Line Insurance Group (LON:DLG) Reaches New 1-Year High – Time to Buy?

Direct Line Insurance Group plc (LON:DLGGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 264.40 ($3.25) and last traded at GBX 259.80 ($3.20), with a volume of 11654763 shares traded. The stock had previously closed at GBX 258.60 ($3.18).

Direct Line Insurance Group Trading Up 0.1 %

The business has a 50-day moving average of GBX 209.50 and a 200-day moving average of GBX 194.94. The company has a quick ratio of 0.28, a current ratio of 0.57 and a debt-to-equity ratio of 20.04. The stock has a market cap of £3.36 billion, a price-to-earnings ratio of 1,122.23, a PEG ratio of 2.42 and a beta of 0.42.

About Direct Line Insurance Group

(Get Free Report)

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.

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