Insider Buying: Direct Line Insurance Group plc (LON:DLG) Insider Buys £149.27 in Stock

Direct Line Insurance Group plc (LON:DLG) insider Jane Poole bought 59 shares of Direct Line Insurance Group stock in a transaction on Friday, December 27th. The stock was acquired at an average price of GBX 253 ($3.17) per share, for a total transaction of £149.27 ($186.77).

Direct Line Insurance Group Stock Up 0.5 %

Shares of Direct Line Insurance Group stock opened at GBX 254.41 ($3.18) on Thursday. The firm’s 50-day moving average is GBX 199.74 and its two-hundred day moving average is GBX 193.01. Direct Line Insurance Group plc has a 1 year low of GBX 147.10 ($1.84) and a 1 year high of GBX 257.80 ($3.23). The stock has a market cap of £3.31 billion, a price-to-earnings ratio of 1,106.13, a PEG ratio of 2.42 and a beta of 0.42. The company has a debt-to-equity ratio of 20.04, a current ratio of 0.57 and a quick ratio of 0.28.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 240 ($3.00) price objective on shares of Direct Line Insurance Group in a report on Thursday, September 5th.

Direct Line Insurance Group Company Profile

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.