Fundamental Research Reiterates C$166.48 Price Target for Olympia Financial Group (TSE:OLY)

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

Olympia Financial Group Price Performance

Shares of TSE:OLY traded down C$0.81 during trading on Wednesday, reaching C$100.26. 205 shares of the company’s stock traded hands, compared to its average volume of 2,418. The firm has a market cap of C$241.23 million, a PE ratio of 13.19 and a beta of -0.00. Olympia Financial Group has a fifty-two week low of C$98.00 and a fifty-two week high of C$133.60. The company has a quick ratio of 1.59, a current ratio of 57.49 and a debt-to-equity ratio of 22.31. The company has a 50-day simple moving average of C$104.59 and a 200-day simple moving average of C$113.07.

Insider Transactions at Olympia Financial Group

In related news, Director Brian Ross Newman sold 300 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of C$104.00, for a total value of C$31,200.00. Over the last 90 days, insiders have sold 1,000 shares of company stock valued at $103,800. 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”.