Olympia Financial Group (TSE:OLY) Given a C$166.48 Price Target by Fundamental Research Analysts

Olympia Financial Group (TSE:OLY) has been given a C$166.48 price target by Fundamental Research in a research note issued on Wednesday,BayStreet.CA reports. The firm presently has a “buy” rating on the health services provider’s stock. Fundamental Research’s price objective would suggest a potential upside of 66.05% from the company’s previous close.

Olympia Financial Group Stock Performance

TSE:OLY traded down C$0.81 during mid-day trading on Wednesday, hitting C$100.26. The company’s stock had a trading volume of 205 shares, compared to its average volume of 2,418. Olympia Financial Group has a 1 year low of C$98.00 and a 1 year high of C$133.60. The company has a debt-to-equity ratio of 22.31, a current ratio of 57.49 and a quick ratio of 1.59. The stock has a market cap of C$241.23 million, a price-to-earnings ratio of 13.19 and a beta of -0.00. The business’s fifty day moving average is C$104.59 and its two-hundred day moving average is C$113.07.

Insiders Place Their Bets

In other Olympia Financial Group news, Director Brian Ross Newman sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of C$103.50, for a total value of C$51,750.00. Following the completion of the transaction, the director directly owned 300 shares of the company’s stock, valued at approximately C$31,050. The trade was a 62.50% decrease in their ownership of the stock. Insiders sold 1,000 shares of company stock worth $103,800 in the last three months. 34.63% of the stock is currently owned by company insiders.

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”.