Sabre Insurance Group (LON:SBRE) Hits New 52-Week Low – Time to Sell?

by · The Markets Daily

Sabre Insurance Group plc (LON:SBREGet Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as GBX 123 ($1.58) and last traded at GBX 124.80 ($1.61), with a volume of 2877753 shares changing hands. The stock had previously closed at GBX 126.40 ($1.63).

Sabre Insurance Group Stock Performance

The firm’s fifty day moving average is GBX 132.02 and its 200-day moving average is GBX 137.28. The company has a market capitalization of £310.95 million, a P/E ratio of 10.53, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22.

About Sabre Insurance Group

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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.

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