Old Mutual Limited (LON:OMU – Get Free Report) shot up 2.3% during trading on Friday . The stock traded as high as GBX 62.40 and last traded at GBX 61.60. 370,132 shares traded hands during trading, an increase of 90% from the average session volume of 194,772 shares. The stock had previously closed at GBX 60.20.
Old Mutual Price Performance
The stock has a 50-day moving average price of GBX 60.42 and a 200-day moving average price of GBX 64.77. The company has a market capitalization of £2.47 billion, a price-to-earnings ratio of 0.32 and a beta of 0.69.
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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