Old Mutual (LON:OMU) Stock Price Down 2.3% – Here’s Why

Shares of Old Mutual Limited (LON:OMUGet Free Report) fell 2.3% during trading on Tuesday . The stock traded as low as GBX 60.40 and last traded at GBX 60.60. Approximately 195,944 shares changed hands during trading, an increase of 6% from the average daily volume of 184,341 shares. The stock had previously closed at GBX 62.

Old Mutual Stock Performance

The company has a current ratio of 0.36, a quick ratio of 0.37 and a debt-to-equity ratio of 36.65. The stock has a market cap of £2.43 billion, a PE ratio of 0.32 and a beta of 0.61. The business’s 50-day moving average price is GBX 60.28 and its 200-day moving average price is GBX 64.85.

Old Mutual Company Profile

(Get Free Report)

Old Mutual Limited, together with 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 Old Mutual Africa Regions segments. It offers risk products, including group risk and funeral covers; savings; lending; and transactional products. It also provides financial advice, investment, and income products, as well as asset management services.

Further Reading

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