Direct Line Insurance Group (LON:DLG) Shares Cross Above 200 Day Moving Average – Should You Sell?

Direct Line Insurance Group plc (LON:DLGGet Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 188.78 ($2.38) and traded as high as GBX 249.60 ($3.15). Direct Line Insurance Group shares last traded at GBX 246.80 ($3.11), with a volume of 2,764,910 shares trading hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 240 ($3.03) price objective on shares of Direct Line Insurance Group in a research report on Thursday, September 5th.

Check Out Our Latest Report on DLG

Direct Line Insurance Group Price Performance

The company has a quick ratio of 0.28, a current ratio of 0.57 and a debt-to-equity ratio of 20.04. The company’s 50 day moving average is GBX 182.29 and its 200 day moving average is GBX 188.78. The firm has a market capitalization of £3.21 billion, a price-to-earnings ratio of 1,073.04, a P/E/G ratio of 2.42 and a beta of 0.42.

Direct Line Insurance Group Company Profile

(Get Free Report)

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.

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