Old Mutual (LON:OMU) Sets New 52-Week High – Time to Buy?

Shares of Old Mutual Limited (LON:OMU) hit a new 52-week high on Tuesday . The stock traded as high as GBX 74.80 and last traded at GBX 74.80, with a volume of 37473 shares. The stock had previously closed at GBX 72.90.

Old Mutual Trading Up 0.8%

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’s 50 day moving average price is GBX 68.72 and its 200-day moving average price is GBX 61.65. The firm has a market cap of £3.15 billion, a price-to-earnings ratio of 0.51 and a beta of 1.02.

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. 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.