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Old Mutual (LON:OMU) Shares Down 2.5% - Time to Sell?

Old Mutual logo with Financial Services background
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Key Points

  • Shares fell 2.5% to GBX 62.80 (intraday low GBX 61.60) on Tuesday while volume jumped ~83% to about 260,339 shares, indicating heightened selling activity.
  • Old Mutual is trading below both its 50‑day (GBX 68.67) and 200‑day (GBX 64.40) moving averages, which signals short- and medium-term downward pressure.
  • The company has a market cap of £2.58 billion, a very low trailing PE of 0.33 and beta of 0.74, and provides diversified financial services primarily in South Africa and the rest of Africa.
  • MarketBeat previews the top five stocks to own by May 1st.

Old Mutual Limited (LON:OMU - Get Free Report) shares were down 2.5% during mid-day trading on Tuesday . The company traded as low as GBX 61.60 and last traded at GBX 62.80. Approximately 260,339 shares traded hands during trading, an increase of 83% from the average daily volume of 142,121 shares. The stock had previously closed at GBX 64.40.

Old Mutual Trading Down 2.5%

The business has a fifty day moving average of GBX 68.67 and a 200-day moving average of GBX 64.40. The firm has a market cap of £2.58 billion, a PE ratio of 0.33 and a beta of 0.74.

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. 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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