Old Mutual (LON:OMU) Reaches New 52-Week High – Here’s What Happened

by · The Cerbat Gem

Shares of Old Mutual Limited (LON:OMU – Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as GBX 63.40 and last traded at GBX 63.37, with a volume of 197322 shares traded. The stock had previously closed at GBX 61.80.

Old Mutual Price Performance

The company has a current ratio of 0.70, a quick ratio of 0.37 and a debt-to-equity ratio of 46.81. The stock has a market capitalization of £2.66 billion, a P/E ratio of 0.43 and a beta of 1.02. The company has a fifty day simple moving average of GBX 59.69 and a two-hundred day simple moving average of GBX 55.06.

Insider Buying and Selling at Old Mutual

In related news, insider Jan-Hendrik Erasmus sold 17,205 shares of the stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of GBX 61, for a total value of £10,495.05. 0.21% of the stock is currently owned by company insiders.

About Old Mutual

(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.

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