Wed Sep 25 09:23:30 UTC 2024: ## Old Mutual Hits 52-Week High, Trading at GBX 57.50
**London, September 25th, 2024:** Old Mutual Limited (LON:OMU) achieved a new 52-week high during Wednesday’s trading session, reaching GBX 57.50 ($0.77). The stock closed at GBX 57.50, with a volume of 9888 shares exchanged. This represents an increase from the previous day’s closing price of GBX 56.80 ($0.76).
Old Mutual Limited, a leading provider of financial services in South Africa and the rest of Africa, operates across various 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. The company boasts a market capitalization of £2.51 billion.
Analysts are noting Old Mutual’s strong financial performance, reflected in its PE ratio of 811.43 and a beta of 1.02. The company’s debt-to-equity ratio stands at 113.88, with a quick ratio of 0.37 and a current ratio of 1.13.
Investors are closely watching Old Mutual’s performance, with its 50-day moving average currently at GBX 52.64 and its 200-day moving average at GBX 49.86.
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