Olympia Financial Group (TSE:OLY) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Olympia Financial Group Inc. (TSE:OLY) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$107.63 and traded as low as C$103.11. Olympia Financial Group shares last traded at C$103.18, with a volume of 2,894 shares.

Analyst Ratings Changes

Separately, Fundamental Research set a C$143.52 price target on shares of Olympia Financial Group and gave the company a “buy” rating in a report on Tuesday, March 11th.

Olympia Financial Group Price Performance

The company has a debt-to-equity ratio of 6.00, a quick ratio of 1.59 and a current ratio of 3.32. The firm’s fifty day moving average is C$107.63 and its two-hundred day moving average is C$104.20. The company has a market cap of C$248.29 million, a P/E ratio of 10.15 and a beta of 0.27.

Olympia Financial Group Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 31st will be given a dividend of $0.60 per share. This represents a $7.20 annualized dividend and a dividend yield of 6.98%. The ex-dividend date is Thursday, March 20th. Olympia Financial Group’s dividend payout ratio is currently 70.86%.

Insider Activity at Olympia Financial Group

In other Olympia Financial Group news, Director Anthony Lanzl sold 300 shares of Olympia Financial Group stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of C$107.54, for a total value of C$32,262.00. In the last 90 days, insiders have sold 710 shares of company stock valued at $75,880. 34.63% of the stock is owned by company insiders.

Olympia Financial Group Company Profile

Olympia Financial Group Inc is engaged in providing financial services. The company’s operating segments are Private Health Services Plan division which markets, sells and administers health and dental benefits to business owners; Investment Account Services division specializes in registered account administration; The Currency and Global Payments division provides corporations and private clients a personalized service for buying and selling foreign currencies; The Exempt Edge division is focused on Onboarding fees; The Corporate and Shareholder Services division, which acts as a cost centre and the Corporate Division.