Sabre Insurance Group (LON:SBRE) Shares Up 0.6% – Time to Buy?

Sabre Insurance Group plc (LON:SBRE) was up 0.6% on Thursday . The company traded as high as GBX 140 ($1.73) and last traded at GBX 138.80 ($1.72). Approximately 180,069 shares traded hands 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 Stock Performance

The firm has a market capitalization of £344.79 million, a price-to-earnings ratio of 1,156.67, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22. The company has a 50-day moving average of GBX 134.74 and a 200-day moving average of GBX 144.85. The company has a current ratio of 0.52, a quick ratio of 0.21 and a debt-to-equity ratio of 0.03.

Insider Transactions at Sabre Insurance Group

In related news, insider Geoffrey Richard Carter acquired 7,518 shares of Sabre Insurance Group stock in a transaction that occurred on Tuesday, October 22nd. The stock was acquired at an average price of GBX 132 ($1.63) per share, for a total transaction of £9,923.76 ($12,283.40). In the last three months, insiders have acquired 7,951 shares of company stock worth $1,052,370. 8.43% of the stock is currently owned by insiders.

About Sabre Insurance Group

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.