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

Aimia Inc. (TSE:AIM)’s stock price reached a new 52-week low during mid-day 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 Upgrades and Downgrades

A number of equities analysts have weighed in on AIM shares. TD Securities lowered their price target on Aimia from C$5.00 to C$4.00 and set a “buy” rating on the stock in a research report on Wednesday. Jefferies Financial Group boosted their price target on Aimia from C$3.25 to C$4.50 and gave the stock a “buy” rating in a research report on Wednesday.

Aimia Trading Down 1.9 %

The stock has a market cap of C$242.28 million, a price-to-earnings ratio of -1.42, a P/E/G ratio of -2.30 and a beta of 1.06. The business has a 50-day simple moving average of C$3.08 and a two-hundred day simple moving average of C$3.10. The company has a debt-to-equity ratio of 22.76, a current ratio of 2.68 and a quick ratio of 83.33.

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.