Aimia (TSE:AIM) Sets New 12-Month Low at $2.65

Aimia Inc. (TSE:AIM) shares reached a new 52-week low during trading on Tuesday . The company traded as low as C$2.65 and last traded at C$2.62, with a volume of 44350 shares changing hands. The stock had previously closed at C$2.70.

Analyst Ratings Changes

A number of analysts recently commented on the company. Jefferies Financial Group increased their price objective on Aimia from C$3.25 to C$4.50 and gave the company a “buy” rating in a research note on Wednesday. TD Securities decreased their price objective on Aimia from C$5.00 to C$4.00 and set a “buy” rating on the stock in a research note on Wednesday.

Aimia Trading Down 1.9 %

The business has a 50 day simple moving average of C$3.08 and a 200-day simple moving average of C$3.10. The company has a current ratio of 2.68, a quick ratio of 83.33 and a debt-to-equity ratio of 22.76. The stock has a market capitalization of C$242.28 million, a price-to-earnings ratio of -1.42, a price-to-earnings-growth ratio of -2.30 and a beta of 1.06.

Aimia Company Profile

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.