Old Mutual Limited (LON:OMU – Get Rating) traded up 1.2% during trading on Tuesday . The stock traded as high as GBX 59.29 ($0.73) and last traded at GBX 59.10 ($0.72). 272,406 shares were traded during mid-day trading, a decline of 36% from the average session volume of 422,509 shares. The stock had previously closed at GBX 58.40 ($0.72).
Separately, Barclays reissued an “overweight” rating and issued a GBX 88 ($1.08) price target on shares of Old Mutual in a report on Tuesday, May 31st.
The firm’s 50-day moving average price is GBX 61.71 and its two-hundred day moving average price is GBX 63.89. The company has a debt-to-equity ratio of 76.31, a quick ratio of 0.31 and a current ratio of 0.38. The stock has a market cap of £2.72 billion and a price-to-earnings ratio of 7.59.
Old Mutual Limited, through its subsidiaries, provides financial services primarily in South Africa and rest of Africa. The company operates through Mass and Foundation Cluster, Personal Finance and Wealth Management, Old Mutual Investments, Old Mutual Corporate, Old Mutual Insure, and Rest of Africa segments.
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