Aimia (TSE:AIM) Stock Passes Below 200-Day Moving Average – Time to Sell?

Aimia Inc. (TSE:AIM) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.84 and traded as low as C$2.73. Aimia shares last traded at C$2.74, with a volume of 19,014 shares traded.

Aimia Trading Down 0.4%

The stock has a market cap of C$242.67 million, a price-to-earnings ratio of -18.27, a PEG ratio of -2.30 and a beta of 0.10. The company has a quick ratio of 83.33, a current ratio of 1.96 and a debt-to-equity ratio of 47.02. The business’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 announced its quarterly earnings data on Wednesday, May 13th. The company reported C$0.02 EPS for the quarter. The company had revenue of C$32.70 million during the quarter. Aimia had a negative net margin of 3.17% and a negative return on equity of 3.98%. On average, research analysts expect that Aimia Inc. will post 0.0149339 EPS for the current fiscal year.

Insider Activity at Aimia

In other Aimia news, Director Thomas (Tom) Little purchased 56,000 shares of Aimia stock in a transaction that occurred on Wednesday, May 27th. The stock was acquired at an average price of C$2.72 per share, for a total transaction of C$152,320.00. Following the completion of the acquisition, the director owned 506,772 shares of the company’s stock, valued at approximately C$1,378,419.84. This trade represents a 12.42% increase in their position. Also, Director Robert Matthew Feingold purchased 10,000 shares of Aimia stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average price 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 trade represents a 7.12% increase in their position. In the last ninety days, insiders bought 301,872 shares of company stock worth $831,172. Insiders own 3.34% of the company’s stock.

About Aimia

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.