Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (OTCMKTS:LNDAF) Shares Up 4.2% – Still a Buy?

Shares of Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (OTCMKTS:LNDAFGet Free Report) shot up 4.2% during trading on Wednesday . The stock traded as high as $1.25 and last traded at $1.25. 48,473 shares traded hands during trading, an increase of 281% from the average session volume of 12,712 shares. The stock had previously closed at $1.20.

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros Price Performance

The business’s 50 day simple moving average is $1.23 and its 200 day simple moving average is $1.21.

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros Company Profile

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Línea Directa Aseguradora, SA, Compañía de Seguros y Reaseguros engages in insurance and reinsurance business in Spain and Portugal. It offers motor, home, medical, assistance, and fire insurance; and reinsurance products. The company is also involved in the provision of vehicle repair services; and provides insurance brokerage, claims management, claims related repair work, and other specialized household services.

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