Olympia Financial Group (TSE:OLY) Shares Up 0.7%

Posted by Latisha Jones on Jul 10th, 2024

Olympia Financial Group Inc. (TSE:OLY – Get Free Report) shares traded up 0.7% on Monday . The company traded as high as C$92.00 and last traded at C$92.00. 1,051 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 1,723 shares. The stock had previously closed at C$91.36.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$134.83 price target on Olympia Financial Group and gave the stock a “buy” rating in a research note on Wednesday, May 22nd.

Check Out Our Latest Analysis on Olympia Financial Group

Olympia Financial Group Price Performance

The company has a debt-to-equity ratio of 10.10, a current ratio of 3.49 and a quick ratio of 1.59. The stock’s fifty day simple moving average is C$101.65 and its 200-day simple moving average is C$104.81. The stock has a market cap of C$234.37 million, a P/E ratio of 10.26 and a beta of 0.31.

Olympia Financial Group Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 31st will be given a dividend of $0.60 per share. This represents a $7.20 annualized dividend and a yield of 7.40%. The ex-dividend date is Monday, July 22nd. Olympia Financial Group’s payout ratio is 75.95%.

About Olympia Financial Group

(Get Free Report)

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.