Old Mutual (LON:OMU) Sets New 12-Month High – What’s Next?

Shares of Old Mutual Limited (LON:OMU) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 74.80 and last traded at GBX 74.80, with a volume of 37473 shares. The stock had previously closed at GBX 72.90.

Old Mutual Price Performance

The stock has a market cap of £3.13 billion, a P/E ratio of 0.51 and a beta of 1.02. The company has a quick ratio of 0.37, a current ratio of 0.70 and a debt-to-equity ratio of 46.81. The business’s 50-day simple moving average is GBX 67.95 and its two-hundred day simple moving average is GBX 61.30.

About Old Mutual

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.