Old Mutual (LON:OMU) Shares Up 1.1% - Should You Buy?

Key Points

• Old Mutual Limited shares increased by 1.1% during trading, reaching GBX 56.60 ($0.76), with a trading volume 27% higher than the average session.
• The company holds a market capitalization of £2.38 billion and has a P/E ratio of 33.22.
• Old Mutual operates primarily in South Africa and offers a variety of financial services through multiple segments including Personal Finance and Wealth Management.

Old Mutual Limited (LON:OMU - ) shares shot up 1.1% during trading on Wednesday . The company traded as high as GBX 56.60 ($0.76) and last traded at GBX 56.60 ($0.76). 326,597 shares changed hands during mid-day trading, an increase of 27% from the average session volume of 257,069 shares. The stock had previously closed at GBX 56 ($0.75).

Old Mutual Stock Performance

The company has a debt-to-equity ratio of 46.81, a quick ratio of 0.37 and a current ratio of 0.70. The business has a 50-day moving average price of GBX 55.73 and a 200 day moving average price of GBX 50.46. The stock has a market capitalization of £2.38 billion, a P/E ratio of 33.22 and a beta of 1.02.

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.

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