Olympia Financial Group (TSE:OLY) PT Set at C$167.49 by Fundamental Research

Olympia Financial Group (TSE:OLY) has been given a C$167.49 price objective by investment analysts at Fundamental Research in a research note issued on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the health services provider’s stock. Fundamental Research’s target price would suggest a potential upside of 39.03% from the company’s current price.

Olympia Financial Group Stock Down 0.5%

Shares of TSE:OLY traded down C$0.57 during mid-day trading on Tuesday, hitting C$120.47. 355 shares of the company traded hands, compared to its average volume of 2,206. The firm’s 50 day simple moving average is C$117.88 and its 200 day simple moving average is C$118.03. The firm has a market cap of C$289.85 million, a P/E ratio of 14.60 and a beta of 0.21. The company has a debt-to-equity ratio of 13.18, a quick ratio of 1.59 and a current ratio of 180.32. Olympia Financial Group has a 52-week low of C$99.50 and a 52-week high of C$134.24.

Olympia Financial Group (TSE:OLY) last released its quarterly earnings results on Friday, February 27th. The health services provider reported C$1.83 earnings per share for the quarter. The firm had revenue of C$24.11 million during the quarter. Olympia Financial Group had a return on equity of 45.15% and a net margin of 20.20%. On average, equities analysts anticipate that Olympia Financial Group will post 3.06 EPS for the current year.

Insiders Place Their Bets

In other news, insider Neil Robert Mccullagh acquired 512 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was bought at an average cost of C$115.00 per share, with a total value of C$58,880.00. Following the transaction, the insider directly owned 4,454 shares in the company, valued at approximately C$512,210. This represents a 12.99% increase in their position. 34.63% of the stock is currently owned by insiders.

Olympia Financial Group Company Profile

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”.