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

Shares of Direct Line Insurance Group plc (LON:DLG) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 284.20 ($3.67) and last traded at GBX 280 ($3.62), with a volume of 3157191 shares changing hands. The stock had previously closed at GBX 279.40 ($3.61).

Direct Line Insurance Group Stock Up 0.4 %

The company has a debt-to-equity ratio of 10.83, a quick ratio of 0.28 and a current ratio of 19.57. The company has a market cap of £3.64 billion, a price-to-earnings ratio of 14.82, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42. The business has a 50-day simple moving average of GBX 266.80 and a 200-day simple moving average of GBX 218.77.

Direct Line Insurance Group (LON:DLG) last issued its earnings results on Wednesday, March 5th. The company reported GBX 11.20 ($0.14) earnings per share for the quarter. Direct Line Insurance Group had a return on equity of 12.96% and a net margin of 8.18%. On average, equities analysts anticipate that Direct Line Insurance Group plc will post 21.3365735 earnings per share for the current fiscal year.

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.