Old Mutual (LON:OMU) Shares Down 1.1% - Here's Why

Key Points

• Old Mutual Limited (LON:OMU) saw a stock price decline of 1.1%, trading at GBX 52.80 ($0.72) on Friday, with a significant drop in trading volume by 36%.
• The company has a market capitalization of £52.03 billion, a PE ratio of 19.91, and reveals mixed liquidity ratios with a current ratio of 0.70.
• Old Mutual primarily offers financial services across South Africa and the rest of Africa through various operational segments.

Old Mutual Limited (LON:OMU - Get Free Report)'s stock price traded down 1.1% on Friday . The company traded as low as GBX 52.80 ($0.71) and last traded at GBX 52.80 ($0.71). 166,568 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 261,911 shares. The stock had previously closed at GBX 53.40 ($0.72).

Old Mutual Trading Up 0.8%

The stock has a 50-day simple moving average of GBX 50.65 and a two-hundred day simple moving average of GBX 49.13. 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 firm has a market cap of £52.82 billion, a PE ratio of 20.21 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.