Old Mutual Limited (LON:OMU – Get Free Report) shares fell 1.6% during mid-day trading on Tuesday. The company traded as low as GBX 61.60 and last traded at GBX 61.60. 248,308 shares changed hands during trading, an increase of 24% from the average daily volume of 200,291 shares. The stock had previously closed at GBX 62.60.
Old Mutual Price Performance
The firm’s 50-day moving average price is GBX 60.24 and its 200-day moving average price is GBX 60.77. The stock has a market cap of £2.46 billion, a P/E ratio of 0.32 and a beta of 0.59.
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.
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