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

Olympia Financial Group Inc. (TSE:OLY)’s share price hit 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. The stock had previously closed at C$98.52.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$166.48 price target on Olympia Financial Group and gave the stock a “buy” rating in a report on Wednesday, August 26th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$166.48.

Olympia Financial Group Stock Performance

The stock has a market capitalization of C$234.03 million, a P/E ratio of 12.80 and a beta of -0.00. The company’s 50-day moving average is C$103.94 and its two-hundred day moving average is C$112.43. The company has a current ratio of 57.49, a quick ratio of 1.59 and a debt-to-equity ratio of 22.31.

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

Olympia Financial Group Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 31st were given a dividend of $0.50 per share. The ex-dividend date was Thursday, August 20th. This represents a c) annualized dividend and a dividend yield of 6.2%. Olympia Financial Group’s payout ratio is currently 92.11%.

Insider Transactions at Olympia Financial Group

In related news, Director Brian Ross Newman sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of C$103.50, for a total value of C$51,750.00. Following the sale, the director directly owned 300 shares in the company, valued at C$31,050. This trade represents a 62.50% decrease in their position. Over the last three months, insiders sold 1,000 shares of company stock valued at $103,800. Corporate insiders own 34.63% of the company’s stock.

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”.