Old Mutual (LON:OMU) Trading Down 0.7% – What’s Next?

Old Mutual Limited (LON:OMU) dropped 0.7% on Thursday . The stock traded as low as GBX 59.40 and last traded at GBX 60.20. Approximately 121,253 shares were traded during trading, a decline of 50% from the average daily volume of 242,248 shares. The stock had previously closed at GBX 60.60.

Old Mutual Trading Down 0.7%

The firm has a market cap of £2.53 billion, a P/E ratio of 0.41 and a beta of 1.02. The stock has a 50 day simple moving average of GBX 59.25 and a 200-day simple moving average of GBX 54.59. The company has a current ratio of 0.70, a quick ratio of 0.37 and a debt-to-equity ratio of 46.81.

Insider Transactions at Old Mutual

In other Old Mutual news, insider Jan-Hendrik Erasmus sold 17,205 shares of the stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of GBX 61, for a total transaction of £10,495.05. 0.19% of the stock is currently owned by insiders.

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.