Olympia Financial Group (TSE:OLY) PT Set at C$158.24 by Fundamental Research

Olympia Financial Group (TSE:OLY) received a C$158.24 target price from research analysts at Fundamental Research in a report issued on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the health services provider’s stock. Fundamental Research’s price objective would indicate a potential upside of 35.26% from the stock’s current price.

Olympia Financial Group Stock Up 0.8%

OLY traded up C$0.94 during trading on Friday, hitting C$116.99. 934 shares of the company’s stock traded hands, compared to its average volume of 2,058. The company’s 50 day simple moving average is C$121.19 and its two-hundred day simple moving average is C$117.92. The company has a current ratio of 67.57, a quick ratio of 1.59 and a debt-to-equity ratio of 22.15. Olympia Financial Group has a 12-month low of C$106.01 and a 12-month high of C$134.24. The stock has a market capitalization of C$281.48 million, a price-to-earnings ratio of 14.04 and a beta of 0.32.

Olympia Financial Group (TSE:OLY) last issued its earnings results on Thursday, May 14th. The health services provider reported C$2.32 EPS for the quarter. Olympia Financial Group had a return on equity of 39.27% and a net margin of 18.44%.The business had revenue of C$22.06 million for the quarter. Analysts predict that Olympia Financial Group will post 3.06 earnings per share for the current fiscal year.

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”.