Old Mutual (LON:OMU) Shares Down 0.2% – What’s Next?

Old Mutual Limited (LON:OMU)’s share price was down 0.2% during trading on Thursday . The stock traded as low as GBX 52.50 ($0.68) and last traded at GBX 54.10 ($0.70). Approximately 210,271 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 240,380 shares. The stock had previously closed at GBX 54.20 ($0.70).

Old Mutual Price Performance

The company has a market capitalization of £2.36 billion, a PE ratio of 675.00 and a beta of 1.02. The company has a debt-to-equity ratio of 42.24, a current ratio of 0.67 and a quick ratio of 0.37. The company’s 50 day simple moving average is GBX 55.12 and its 200 day simple moving average is GBX 50.96.

Old Mutual Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 17th will be paid 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%.

Old Mutual Company Profile

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.