Aimia (TSE:AIM) Reaches New 12-Month Low at $2.31

Aimia Inc. (TSE:AIM)’s share price reached a new 52-week low on Tuesday . The company traded as low as C$2.31 and last traded at C$2.37, with a volume of 57886 shares trading hands. The stock had previously closed at C$2.45.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on AIM shares. TD Securities cut their price target on shares of Aimia from C$5.00 to C$4.00 and set a “buy” rating on the stock in a research report on Wednesday, March 27th. Jefferies Financial Group lifted their target price on Aimia from C$3.25 to C$4.50 and gave the company a “buy” rating in a research report on Wednesday, March 27th.

Aimia Trading Down 3.3 %

The company has a market cap of C$224.30 million, a price-to-earnings ratio of -1.32, a P/E/G ratio of -2.30 and a beta of 1.06. The firm has a fifty day moving average price of C$2.90 and a 200 day moving average price of C$3.07. The company has a debt-to-equity ratio of 22.76, a quick ratio of 83.33 and a current ratio of 2.68.

About Aimia

Aimia Inc focuses on long-term investments in public and private companies. It operates through two segments, Holdings and Investment Management. The company, through its subsidiary, Mittleman Investment Management, LLC, provides discretionary portfolio management services to institutional investors and high-net-worth individuals.