Olympia Financial Group (TSE:OLY) Sets New 1-Year Low – Time to Sell?

Olympia Financial Group Inc. (TSE:OLY) reached a new 52-week low on Monday . The company traded as low as C$95.00 and last traded at C$95.00, with a volume of 5021 shares trading hands. The stock had previously closed at C$98.52.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$166.48 price objective on Olympia Financial Group and gave the stock a “buy” rating in a research note on Wednesday, August 26th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$166.48.

Olympia Financial Group Price Performance

The company has a debt-to-equity ratio of 22.31, a current ratio of 57.49 and a quick ratio of 1.59. The stock has a market capitalization of C$228.57 million, a P/E ratio of 12.50 and a beta of -0.00. The company’s 50 day simple moving average is C$104.25 and its two-hundred day simple moving average is C$112.74.

Olympia Financial Group (TSE:OLY) last announced its earnings results on Thursday, August 13th. The health services provider reported C$1.53 EPS for the quarter. The business had revenue of C$21.43 million for the quarter. Olympia Financial Group had a return on equity of 35.11% and a net margin of 17.31%. As a group, equities analysts expect that Olympia Financial Group Inc. will post 3.06 EPS for the current fiscal year.

Olympia Financial Group Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 31st will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a c) dividend on an annualized basis and a yield of 6.3%. Olympia Financial Group’s payout ratio is currently 92.11%.

Insider Activity at Olympia Financial Group

In other news, Director Brian Ross Newman sold 300 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of C$104.00, for a total transaction of C$31,200.00. Insiders sold a total of 1,000 shares of company stock worth $103,800 in the last quarter. 34.63% of the stock is currently owned by corporate insiders.

About Olympia Financial Group

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.