Aimia (TSE:AIM) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Aimia Inc. (TSE:AIM)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.84 and traded as high as C$2.84. Aimia shares last traded at C$2.78, with a volume of 34,170 shares.

Analyst Ratings Changes

Separately, TD Securities lowered shares of Aimia from a “buy” rating to a “hold” rating and dropped their price objective for the stock from C$3.75 to C$3.00 in a report on Tuesday, February 10th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of C$3.00.

Aimia Trading Down 0.4%

The stock has a market capitalization of C$247.69 million, a P/E ratio of -18.53, a PEG ratio of -2.30 and a beta of 0.03. The company has a debt-to-equity ratio of 47.02, a current ratio of 1.96 and a quick ratio of 83.33. The business’s 50 day simple moving average is C$2.75 and its 200-day simple moving average is C$2.84.

Aimia (TSE:AIM) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C$0.02 earnings per share (EPS) for the quarter. Aimia had a negative net margin of 3.17% and a negative return on equity of 3.98%. The firm had revenue of C$32.70 million for the quarter. As a group, analysts forecast that Aimia Inc. will post 0.0149339 EPS for the current year.

Insider Transactions at Aimia

In related news, Director Thomas (Tom) Little acquired 99,272 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average cost of C$2.75 per share, for a total transaction of C$272,998.00. Following the completion of the acquisition, the director directly owned 450,772 shares in the company, valued at approximately C$1,239,623. The trade was a 28.24% increase in their position. Also, Director Robert Matthew Feingold acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average price of C$2.67 per share, for a total transaction of C$26,700.00. Following the completion of the acquisition, the director owned 150,362 shares of the company’s stock, valued at C$401,466.54. This trade represents a 7.12% increase in their ownership of the stock. Insiders have bought a total of 301,872 shares of company stock valued at $831,172 over the last three months. 3.34% of the stock is currently owned by corporate insiders.

Aimia Company Profile

Aimia Inc (TSX: AIM) is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. We target companies with durable economic advantages evidenced by a track record of substantial free cash flow generation over complete business cycles, strong growth prospects, and guided by strong, experienced management teams. Headquartered in Toronto, Canada, Aimia is positioned to invest in any sector, wherever a suitable opportunity can be identified worldwide.