Olympia Financial Group (TSE:OLY) Trading Down 1% – Should You Sell?

Olympia Financial Group Inc. (TSE:OLY)’s share price fell 1% on Wednesday . The stock traded as low as C$103.00 and last traded at C$103.00. 2,448 shares were traded during mid-day trading, an increase of 33% from the average session volume of 1,847 shares. The stock had previously closed at C$104.05.

Olympia Financial Group Trading Up 0.3 %

The company’s 50 day simple moving average is C$99.40 and its two-hundred day simple moving average is C$100.86. The company has a market cap of C$248.86 million, a PE ratio of 10.89 and a beta of 0.27. The company has a debt-to-equity ratio of 11.29, a current ratio of 2.56 and a quick ratio of 1.59.

Olympia Financial Group Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 29th will be given a $0.60 dividend. This represents a $7.20 annualized dividend and a yield of 6.97%. The ex-dividend date is Wednesday, November 20th. Olympia Financial Group’s dividend payout ratio is currently 75.95%.

Insider Activity at Olympia Financial Group

In related news, Senior Officer Neil Robert Mccullagh sold 1,384 shares of the firm’s stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of C$96.44, for a total value of C$133,477.11. Company 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.