Olympia Financial Group (TSE:OLY) Shares Down 1% – Time to Sell?

Olympia Financial Group Inc. (TSE:OLY) shares traded down 1% during mid-day trading on Wednesday . The company traded as low as C$103.00 and last traded at C$103.00. 2,448 shares traded hands 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 Down 1.0 %

The company has a market capitalization of C$248.23 million, a P/E ratio of 10.86 and a beta of 0.27. The business has a fifty day moving average of C$99.40 and a 200-day moving average of C$100.86. The company has a debt-to-equity ratio of 11.29, a quick ratio of 1.59 and a current ratio of 2.56.

Olympia Financial Group Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.60 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 6.99%. The ex-dividend date of this dividend is Wednesday, November 20th. Olympia Financial Group’s dividend payout ratio is currently 75.95%.

Insider Transactions at Olympia Financial Group

In other news, Senior Officer Neil Robert Mccullagh sold 1,384 shares of the 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 value of C$133,477.11. 34.63% of the stock is currently owned by insiders.

Olympia Financial Group Company Profile

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.