Sabre Insurance Group (LON:SBRE) Shares Up 0.6% - Here's What Happened

Sabre Insurance Group plc (LON:SBRE - Get Free Report) was up 0.6% during trading on Thursday . The stock traded as high as GBX 140 ($1.74) and last traded at GBX 138.80 ($1.72). Approximately 180,069 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 533,537 shares. The stock had previously closed at GBX 138 ($1.71).

Sabre Insurance Group Price Performance

The firm has a market capitalization of £346.78 million, a PE ratio of 1,163.33, a P/E/G ratio of 4.08 and a beta of 0.22. The company has a 50-day moving average price of GBX 134.81 and a 200-day moving average price of GBX 144.71. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.52 and a quick ratio of 0.21.

Insiders Place Their Bets

In other news, insider Geoffrey Richard Carter purchased 7,518 shares of the stock in a transaction dated Tuesday, October 22nd. The stock was acquired at an average cost of GBX 132 ($1.64) per share, for a total transaction of £9,923.76 ($12,327.65). Insiders acquired a total of 7,951 shares of company stock worth $1,052,370 over the last ninety days. 8.43% of the stock is owned by company 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.