Aimia (OTCMKTS:AIMFF) Stock Jumps 2.3% – Here’s What Happened

Aimia Inc. (OTCMKTS:AIMFF – Get Free Report) shares traded up 2.3% on Monday. The stock traded as high as $1.8420 and last traded at $1.8420. Approximately 7,017 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 17,488 shares. The stock had previously closed at $1.80.

Aimia Stock Performance

The business’s fifty day moving average price is $1.92 and its two-hundred day moving average price is $1.95.

Aimia Company Profile

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Aimia Inc is a Canadian investment company that owns and manages a portfolio of public and private businesses. Its investments have included companies operating in areas such as travel, loyalty solutions, technology, financial services, and media and entertainment.

The company was formerly known as Groupe Aeroplan and was closely associated with the Aeroplan customer loyalty program. In 2019, Aimia sold the Aeroplan business to Air Canada as part of a broader strategic transition away from operating its former loyalty-program activities.

Aimia is headquartered in Canada and seeks to build value through long-term investments, including controlling and minority interests in businesses across multiple industries and geographies.

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