Shares of Old Mutual Limited (LON:OMU – Get Free Report) fell 8.6% on Tuesday . The company traded as low as GBX 63.80 and last traded at GBX 63.80. 423,991 shares traded hands during trading, an increase of 242% from the average session volume of 124,066 shares. The stock had previously closed at GBX 69.80.
Old Mutual Trading Down 8.0%
The company has a market cap of £2.70 billion, a P/E ratio of 0.44 and a beta of 0.74. The business’s 50 day simple moving average is GBX 70.66 and its 200 day simple moving average is GBX 63.85.
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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