Olympia Financial Group (TSE:OLY) Stock Price Up 0.3% – Should You Buy?

Shares of Olympia Financial Group Inc. (TSE:OLY) shot up 0.3% during mid-day trading on Monday . The stock traded as high as C$109.00 and last traded at C$108.50. 554 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 1,880 shares. The stock had previously closed at C$108.18.

Analyst Ratings Changes

Separately, Fundamental Research set a C$135.19 target price on Olympia Financial Group and gave the stock a “buy” rating in a research note on Tuesday, November 26th.

Olympia Financial Group Stock Up 0.3 %

The company has a debt-to-equity ratio of 11.29, a quick ratio of 1.59 and a current ratio of 2.56. The firm has a market cap of C$261.49 million, a price-to-earnings ratio of 11.45 and a beta of 0.27. The business’s 50 day moving average price is C$103.39 and its 200 day moving average price is C$100.54.

Olympia Financial Group Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were issued a $0.60 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $7.20 dividend on an annualized basis and a yield of 6.64%. Olympia Financial Group’s payout ratio is 75.95%.

Insiders Place Their Bets

In other news, Senior Officer Neil Robert Mccullagh sold 1,384 shares of the company’s stock in a transaction that occurred on Wednesday, October 23rd. The stock was sold at an average price of C$96.44, for a total transaction of C$133,477.11. Insiders own 34.63% of the company’s stock.

About Olympia Financial Group

Olympia Financial Group Inc, through its subsidiary, Olympia Trust Company, operates as a non-deposit taking trust company in Canada. The company operates through Investment Account Services, Currency and Global Payments, Private Health Services Plan, Exempt Edge, and Corporate and Shareholder Services divisions.