Aimia (TSE:AIM) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Aimia Inc. (TSE:AIM) shares 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 Stock Performance

The company has a market cap of C$253.30 million, a PE ratio of -19.07, a P/E/G ratio of -2.30 and a beta of 0.18. The company has a debt-to-equity ratio of 47.02, a quick ratio of 83.33 and a current ratio of 1.96. 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 issued its quarterly earnings results on Wednesday, May 13th. The company reported C$0.02 earnings per share (EPS) for the quarter. The business had revenue of C$32.70 million for 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 anticipate that Aimia Inc. will post 0.0149339 EPS for the current year.

Insider Transactions at Aimia

In other Aimia news, Director Robert Matthew Feingold purchased 10,000 shares of Aimia stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of C$2.67 per share, with a total value of C$26,700.00. Following the acquisition, the director directly owned 150,362 shares of the company’s stock, valued at C$401,466.54. This represents a 7.12% increase in their ownership of the stock. Also, Director Thomas (Tom) Little purchased 99,272 shares of Aimia stock in a transaction dated Tuesday, May 26th. The stock was acquired at an average cost of C$2.75 per share, with a total value 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. This trade represents a 28.24% increase in their ownership of the stock. In the last three months, insiders acquired 180,272 shares of company stock valued at $492,548. Corporate 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.