Sabre Insurance Group (LON:SBRE) Stock Price Up 0.2% - Here's Why

Shares of Sabre Insurance Group plc (LON:SBRE - Get Free Report) shot up 0.2% on Tuesday . The stock traded as high as GBX 132.50 ($1.68) and last traded at GBX 130.80 ($1.66). 361,275 shares traded hands during trading, a decline of 29% from the average session volume of 506,219 shares. The stock had previously closed at GBX 130.60 ($1.65).

Sabre Insurance Group Price Performance

The company has a 50 day moving average of GBX 135.80 and a two-hundred day moving average of GBX 149.09. The firm has a market cap of £327.40 million, a P/E ratio of 1,090.00, a PEG ratio of 4.08 and a beta of 0.22. The company has a quick ratio of 0.21, a current ratio of 0.52 and a debt-to-equity ratio of 0.03.

Insider Activity at Sabre Insurance Group

In related news, insider Geoffrey Richard Carter bought 7,518 shares of Sabre Insurance Group stock in a transaction dated Tuesday, October 22nd. The stock was acquired at an average cost of GBX 132 ($1.67) per share, with a total value of £9,923.76 ($12,574.46). Insiders bought 7,942 shares of company stock valued at $1,052,148 over the last 90 days. 8.43% of the stock is currently owned by corporate insiders.

Sabre Insurance Group Company Profile

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. It offers taxi, private car, and motorcycle insurance through a network of insurance brokers, as well as through its Go Girl and Insure 2 Drive brands. The company was founded in 1982 and is based in Dorking, the United Kingdom.