Old Mutual (LON:OMU) Stock Price Down 1.6% – Time to Sell?
by Tristan Rich · The Markets DailyOld Mutual Limited (LON:OMU – Get Free Report)’s share price was down 1.6% on Tuesday. The company traded as low as GBX 61.60 and last traded at GBX 61.60. Approximately 248,308 shares traded hands during trading, an increase of 24% from the average session volume of 200,291 shares. The stock had previously closed at GBX 62.60.
Old Mutual Trading Down 1.6%
The stock has a market capitalization of £2.46 billion, a P/E ratio of 0.32 and a beta of 0.59. The business has a 50-day moving average price of GBX 60.24 and a 200 day moving average price of GBX 60.77.
Old Mutual Company Profile
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.
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