Old Mutual (LON:OMU) Sets New 12-Month High – Should You Buy?
by Tristan Rich · The Markets DailyOld Mutual Limited (LON:OMU – Get Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as GBX 70.37 and last traded at GBX 70.37, with a volume of 42951 shares changing hands. The stock had previously closed at GBX 68.
Old Mutual Stock Performance
The firm’s fifty day moving average price is GBX 64.26 and its 200 day moving average price is GBX 58.65. The company has a current ratio of 0.70, a quick ratio of 0.37 and a debt-to-equity ratio of 46.81. The stock has a market capitalization of £2.93 billion, a price-to-earnings ratio of 0.47 and a beta of 1.02.
Insider Buying and Selling at Old Mutual
In related news, insider Jan-Hendrik Erasmus sold 17,205 shares of the business’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of GBX 61, for a total value of £10,495.05. 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.