Old Mutual (LON:OMU) Trading Down 0.5% - What's Next?

Old Mutual Limited (LON:OMU - Get Free Report)'s stock price fell 0.5% on Friday . The company traded as low as GBX 57.30 ($0.73) and last traded at GBX 57.40 ($0.73). 32,410 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 224,208 shares. The stock had previously closed at GBX 57.70 ($0.74).

Old Mutual Stock Performance

The company's 50-day moving average is GBX 55.73 and its two-hundred day moving average is GBX 52.91. The company has a quick ratio of 0.37, a current ratio of 0.67 and a debt-to-equity ratio of 42.24. The company has a market cap of £2.50 billion, a P/E ratio of 717.50 and a beta of 1.02.

Old Mutual Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 17th were paid a GBX 1.47 ($0.02) dividend. This represents a yield of 2.53%. The ex-dividend date was Thursday, October 17th. Old Mutual's payout ratio is 5,000.00%.

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.