Old Mutual (LON:OMU) Reaches New 12-Month High – Time to Buy?

Old Mutual Limited (LON:OMUGet Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 70.60 and last traded at GBX 70.60, with a volume of 7580 shares. The stock had previously closed at GBX 68.80.

Old Mutual Price Performance

The company’s 50-day simple moving average is GBX 64.90 and its 200 day simple moving average is GBX 59.28. The company has a market cap of £2.94 billion, a PE ratio of 0.48 and a beta of 1.02. The company has a debt-to-equity ratio of 46.81, a quick ratio of 0.37 and a current ratio of 0.70.

Old Mutual Company Profile

(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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