Olympia Financial Group (TSE:OLY) Trading Down 0.1% - What's Next?

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

Analyst Ratings Changes

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

Olympia Financial Group Price Performance

The stock has a fifty day moving average of C$112.73 and a 200-day moving average of C$108.86. The company has a quick ratio of 1.59, a current ratio of 3.32 and a debt-to-equity ratio of 6.00. The stock has a market capitalization of C$291.29 million, a price-to-earnings ratio of 11.91 and a beta of 0.27.

Olympia Financial Group Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 30th were issued a $0.60 dividend. This represents a $7.20 annualized dividend and a dividend yield of 5.95%. The ex-dividend date of this dividend was Thursday, June 19th. 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.