Direct Line Insurance Group (LON:DLG) Reaches New 52-Week High - Here's Why

Direct Line Insurance Group plc (LON:DLG - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as GBX 284.20 ($3.70) and last traded at GBX 280 ($3.64), with a volume of 3157191 shares trading hands. The stock had previously closed at GBX 279.40 ($3.63).

Direct Line Insurance Group Price Performance

The company has a quick ratio of 0.28, a current ratio of 19.57 and a debt-to-equity ratio of 10.83. The business's 50-day simple moving average is GBX 268.35 and its 200 day simple moving average is GBX 220.66. The firm has a market capitalization of £3.66 billion, a P/E ratio of 14.91, a PEG ratio of 2.42 and a beta of 0.42.

Direct Line Insurance Group (LON:DLG - Get Free Report) last issued its earnings results on Wednesday, March 5th. The company reported GBX 11.20 ($0.15) earnings per share (EPS) for the quarter. Direct Line Insurance Group had a net margin of 8.18% and a return on equity of 12.96%. Sell-side analysts forecast that Direct Line Insurance Group plc will post 21.3365735 earnings per share for the current year.

About Direct Line Insurance Group

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.