Aimia (TSE:AIM) Hits New 52-Week Low Following Analyst Downgrade

Shares of Aimia Inc. (TSE:AIMGet Rating) reached a new 52-week low during mid-day trading on Friday after Jefferies Financial Group lowered their price target on the stock from C$5.75 to C$5.25. The company traded as low as C$3.30 and last traded at C$3.32, with a volume of 99165 shares trading hands. The stock had previously closed at C$3.43.

Aimia Price Performance

The stock has a market capitalization of C$276.27 million, a P/E ratio of 0.76, a price-to-earnings-growth ratio of -2.30 and a beta of 1.14. The firm has a 50-day moving average price of C$3.90 and a 200 day moving average price of C$3.73. The company has a debt-to-equity ratio of 0.11, a quick ratio of 83.33 and a current ratio of 83.58.

About Aimia

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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.

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