Direct Line Insurance Group (LON:DLG) Reaches New 52-Week High – Should You Buy?

Direct Line Insurance Group plc (LON:DLG) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 264.60 ($3.27) and last traded at GBX 262.22 ($3.24), with a volume of 6597228 shares changing hands. The stock had previously closed at GBX 261.60 ($3.23).

Direct Line Insurance Group Price Performance

The stock has a market cap of £3.46 billion, a P/E ratio of 1,156.83, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42. 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 business’s 50-day simple moving average is GBX 226.43 and its two-hundred day simple moving average is GBX 198.57.

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.