Old Mutual (LON:OMU) Shares Up 1.3% – Here’s Why

Old Mutual Limited (LON:OMU – Get Free Report) rose 1.3% during trading on Tuesday. The stock traded as high as GBX 63.40 and last traded at GBX 63. 267,415 shares were traded during mid-day trading, an increase of 20% from the average daily volume of 223,443 shares. The stock had previously closed at GBX 62.20.

Old Mutual Stock Performance

The firm has a market cap of £2.55 billion, a PE ratio of 0.33 and a beta of 0.59. The company’s 50-day simple moving average is GBX 60.51 and its two-hundred day simple moving average is GBX 60.54.

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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