Free Trial

Old Mutual (LON:OMU) Trading Up 0.9% - Time to Buy?

Old Mutual logo with Financial Services background

Old Mutual Limited (LON:OMU - Get Free Report) shot up 0.9% on Thursday . The stock traded as high as GBX 55.20 ($0.70) and last traded at GBX 54.60 ($0.69). 53,537 shares traded hands during trading, a decline of 77% from the average session volume of 232,548 shares. The stock had previously closed at GBX 54.10 ($0.68).

Old Mutual Trading Up 2.2 %

The firm has a market cap of £2.43 billion, a P/E ratio of 682.50 and a beta of 1.02. The stock has a 50 day simple moving average of GBX 55.45 and a 200-day simple moving average of GBX 51.97. The company has a current ratio of 0.67, a quick ratio of 0.37 and a debt-to-equity ratio of 42.24.

Old Mutual Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 17th will be given a GBX 1.47 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 17th. This represents a yield of 2.53%. Old Mutual's dividend payout ratio is currently 5,000.00%.

About Old Mutual

(Get Free Report)

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.

Further Reading

Should you invest $1,000 in Old Mutual right now?

Before you consider Old Mutual, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Old Mutual wasn't on the list.

While Old Mutual currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines