Old Mutual Limited (LON:OMU – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 65.80 and last traded at GBX 65.60, with a volume of 45757 shares. The stock had previously closed at GBX 64.80.
Old Mutual Stock Performance
The company has a market cap of £2.75 billion, a PE ratio of 0.45 and a beta of 1.02. The company has a quick ratio of 0.37, a current ratio of 0.70 and a debt-to-equity ratio of 46.81. The company has a 50-day moving average of GBX 61.07 and a 200-day moving average of GBX 56.19.
Insiders Place Their Bets
In other news, insider Jan-Hendrik Erasmus acquired 212,716 shares of the business’s stock in a transaction on Tuesday, October 28th. The shares were purchased at an average cost of GBX 62 per share, with a total value of £131,883.92. Company insiders own 0.21% of the company’s stock.
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. 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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