Old Mutual (LON:OMU) Stock Price Up 0.6% - What’s Next?

Old Mutual Limited (LON:OMU) saw its stock price increase by 0.6% during trading on Tuesday. The stock hit a high of GBX 56 ($0.70) before closing at GBX 54.40 ($0.68). During the session, a total of 78,675 shares changed hands, indicating a substantial decrease of 40% compared to the average trading volume of 130,933 shares. Prior to this trading day, the stock had closed at GBX 54.10 ($0.67).

Old Mutual Stock Performance

The fifty-day moving average price for Old Mutual stands at GBX 54.03, while the two-hundred-day moving average price is GBX 54.33. The company maintains a debt-to-equity ratio of 42.24, along with a quick ratio of 0.37 and a current ratio of 0.67. Old Mutual has a market capitalization of £2.37 billion, a price-to-earnings ratio of 680.00, and a beta of 1.02, reflecting its market volatility.

Old Mutual Company Profile

Old Mutual Limited, along with its subsidiaries, provides a range of financial services predominantly in South Africa and other parts of Africa. The company is organized into several segments, including Mass and Foundation Cluster, Personal Finance and Wealth Management, Old Mutual Investments, Old Mutual Corporate, Old Mutual Insure, and Old Mutual Africa Regions.

Investment Insights

Potential investors might want to consider their options before trading. Various analysts have suggested some stocks might offer better opportunities compared to Old Mutual.

For those looking to make smart investment choices, it is advisable to look into stocks that are currently highly rated by analysts, as these could potentially provide better returns. Understanding the dynamics of Old Mutual’s current stock performance can be beneficial.

OldMutual, Stock, Investment