Sabre Insurance Group (OTCMKTS:SBIGY) Shares Up 9.7% – Here’s What Happened

Sabre Insurance Group plc (OTCMKTS:SBIGY – Get Free Report) shares rose 9.7% on Monday. The stock traded as high as $9.47 and last traded at $9.47. Approximately 1,534 shares traded hands during trading, an increase of 142% from the average session volume of 633 shares. The stock had previously closed at $8.63.

Sabre Insurance Group Price Performance

The stock’s fifty day simple moving average is $8.78 and its 200-day simple moving average is $8.62.

Sabre Insurance Group Company Profile

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Sabre Insurance Group plc is a United Kingdom-based general insurer specializing in motor insurance. Through its underwriting businesses, the company provides cover primarily for private motor vehicles, including policies distributed through brokers and other intermediaries as well as through direct and digitally focused channels.

The group serves a range of UK drivers through brands including Sabre and Go Girl, with products designed for different customer segments and driving needs. Its offerings have included car insurance and related motor products, supported by claims handling, pricing, underwriting and policy administration capabilities.

Sabre traces its origins to 1982 and is headquartered in Dorking, England.

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