Olympia Financial Group (TSE:OLY) Trading Down 0.1% - Here's Why

Olympia Financial Group Inc. (TSE:OLY - Get Free Report)'s share price fell 0.1% during trading on Tuesday . The company traded as low as C$120.95 and last traded at C$120.95. 962 shares were traded during trading, a decline of 50% from the average session volume of 1,921 shares. The stock had previously closed at C$121.05.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$147.91 price objective on shares of Olympia Financial Group and gave the stock a "buy" rating in a research report on Wednesday, May 21st.

Olympia Financial Group Stock Performance

The company has a market cap of C$291.05 million, a PE ratio of 11.90 and a beta of 0.27. 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 stock's 50-day simple moving average is C$112.73 and its 200 day simple moving average is C$108.86.

Olympia Financial Group Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, June 19th. This represents a $7.20 dividend on an annualized basis and a yield of 5.95%. Olympia Financial Group's payout ratio is currently 70.86%.

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.

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