Direct Line Insurance Group (LON:DLG) Hits New 1-Year High – Here’s What Happened

Direct Line Insurance Group plc (LON:DLG)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 281.60 ($3.65) and last traded at GBX 276.20 ($3.58), with a volume of 1160078 shares. The stock had previously closed at GBX 277.20 ($3.59).

Direct Line Insurance Group Price Performance

The firm has a market cap of £3.54 billion, a PE ratio of 14.42, a price-to-earnings-growth ratio of 2.42 and a beta of 0.42. The stock’s fifty day moving average price is GBX 265.47 and its 200-day moving average price is GBX 216.35. The company has a debt-to-equity ratio of 10.83, a current ratio of 19.57 and a quick ratio of 0.28.

Direct Line Insurance Group (LON:DLG) last released 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%. As a group, equities analysts expect that Direct Line Insurance Group plc will post 21.3365735 EPS for the current fiscal 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.