Direct Line Insurance Group (OTCMKTS:DIISY) Shares Down 4.5% – Time to Sell?

Direct Line Insurance Group plc (OTCMKTS:DIISY)’s stock price fell 4.5% on Friday . The stock traded as low as $9.20 and last traded at $9.20. 5,008 shares were traded during trading, an increase of 281% from the average session volume of 1,314 shares. The stock had previously closed at $9.63.

Direct Line Insurance Group Price Performance

The business has a 50-day moving average of $9.70 and a 200-day moving average of $9.85.

Direct Line Insurance Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, September 16th were issued a $0.0892 dividend. The ex-dividend date was Monday, September 16th. Direct Line Insurance Group’s dividend payout ratio (DPR) is presently 54.14%.

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.