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

Direct Line Insurance Group plc (LON:DLG)’s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 264.40 ($3.30) and last traded at GBX 259.80 ($3.24), with a volume of 11654763 shares changing hands. The stock had previously closed at GBX 258.60 ($3.23).

Direct Line Insurance Group Price Performance

The business has a fifty day moving average price of GBX 206.09 and a 200 day moving average price of GBX 194.29. The company has a market capitalization of £3.34 billion, a price-to-earnings ratio of 1,115.65, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42. The company has a debt-to-equity ratio of 20.04, a current ratio of 0.57 and a quick ratio of 0.28.

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.