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

Direct Line Insurance Group plc (LON:DLG) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 264.60 ($3.26) and last traded at GBX 262.22 ($3.23), with a volume of 6597228 shares traded. The stock had previously closed at GBX 261.60 ($3.23).

Direct Line Insurance Group Stock Performance

The company has a debt-to-equity ratio of 20.04, a quick ratio of 0.28 and a current ratio of 0.57. The stock’s 50 day moving average price is GBX 222.40 and its 200 day moving average price is GBX 197.67. The company has a market capitalization of £3.48 billion, a P/E ratio of 1,163.48, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42.

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.