Direct Line Insurance Group (LON:DLG) Sets New 1-Year High – Here’s Why

Shares of Direct Line Insurance Group plc (LON:DLGGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 269.80 ($3.34) and last traded at GBX 267.20 ($3.31), with a volume of 7644542 shares changing hands. The stock had previously closed at GBX 267.40 ($3.31).

Direct Line Insurance Group Price Performance

The firm has a market cap of £3.48 billion, a PE ratio of 1,164.35, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42. The company has a current ratio of 0.57, a quick ratio of 0.28 and a debt-to-equity ratio of 20.04. The company has a 50 day moving average price of GBX 239.42 and a 200 day moving average price of GBX 201.26.

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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