Direct Line Insurance Group (LON:DLG) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Shares of Direct Line Insurance Group plc (LON:DLG - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 234.49 ($3.12) and traded as high as GBX 274.20 ($3.65). Direct Line Insurance Group shares last traded at GBX 274.20 ($3.65), with a volume of 10,676,962 shares changing hands.

Direct Line Insurance Group Price Performance

The stock has a market capitalization of £3.56 billion, a P/E ratio of 14.51, a PEG ratio of 2.42 and a beta of 0.42. The company has a 50 day moving average of GBX 273.31 and a 200-day moving average of GBX 236.50. The company has a quick ratio of 0.28, a current ratio of 19.57 and a debt-to-equity ratio of 10.83.

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 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 predict that Direct Line Insurance Group plc will post 21.3365735 EPS for the current year.

Insiders Place Their Bets

In related news, insider Adam Winslow sold 387,960 shares of Direct Line Insurance Group stock in a transaction dated Friday, March 21st. The shares were sold at an average price of GBX 281 ($3.74), for a total value of £1,090,167.60 ($1,450,076.62). Also, insider Jane Poole sold 19,864 shares of the company's stock in a transaction dated Monday, March 31st. The stock was sold at an average price of GBX 281 ($3.74), for a total transaction of £55,817.84 ($74,245.60). Insiders have acquired 164 shares of company stock valued at $44,976 over the last quarter. Insiders own 0.85% of the company's stock.

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.