Aimia (TSE:AIM) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Aimia Inc. (TSE:AIM) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.84 and traded as high as C$2.90. Aimia shares last traded at C$2.86, with a volume of 12,748 shares changing hands.

Aimia Price Performance

The company has a market capitalization of C$251.06 million, a PE ratio of -18.93, a price-to-earnings-growth ratio of -2.30 and a beta of 0.18. 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 stock’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 posted its quarterly earnings data on Wednesday, May 13th. The company reported C$0.02 EPS for the quarter. The business had revenue of C$32.70 million during the quarter. Aimia had a negative net margin of 3.17% and a negative return on equity of 3.98%. As a group, equities analysts forecast that Aimia Inc. will post 0.0149339 earnings per share for the current fiscal year.

Insider Buying and Selling at Aimia

In related news, Director Thomas (Tom) Little acquired 99,272 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average price of C$2.75 per share, with a total value of C$272,998.00. Following the completion of the transaction, the director owned 450,772 shares of the company’s stock, valued at C$1,239,623. The trade was a 28.24% increase in their ownership of the stock. Also, Director Rhys Drennan Summerton acquired 10,000 shares of Aimia stock in a transaction dated Wednesday, May 27th. The stock was bought at an average price of C$2.71 per share, for a total transaction of C$27,100.00. Following the completion of the purchase, the director owned 546,300 shares of the company’s stock, valued at approximately C$1,480,473. This represents a 1.86% increase in their position. Insiders acquired 180,272 shares of company stock valued at $492,548 in the last 90 days. Company insiders own 3.34% of the company’s stock.

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.