Old Mutual (LON:OMU) Hits New 12-Month High - Here's Why

Key Points

• Old Mutual Limited's shares reached a new 52-week high, trading as high as GBX 62.20 ($0.84) on Tuesday, up from a previous close of GBX 55.80 ($0.75).
• The company has a market capitalization of £60.50 billion and a PE ratio of 23.15, indicating strong market performance.
• Old Mutual provides a range of financial services primarily in South Africa and other African regions, operating through various segments including Personal Finance and Wealth Management.

Old Mutual Limited (LON:OMU - ) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 62.20 ($0.84) and last traded at GBX 61.60 ($0.83), with a volume of 1343320 shares trading hands. The stock had previously closed at GBX 55.80 ($0.75).

Old Mutual Trading Up 10.0%

The firm has a market cap of £60.50 billion, a PE ratio of 23.15 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 company's 50 day moving average price is GBX 51.01 and its two-hundred day moving average price is GBX 49.14.

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.

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