Aimia (TSE:AIM) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Aimia Inc. (TSE:AIM) 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 trading hands.

Aimia Stock Down 1.4%

The business has a 50 day moving average of C$2.75 and a 200-day moving average of C$2.84. The stock 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 current ratio of 1.96, a quick ratio of 83.33 and a debt-to-equity ratio of 47.02.

Aimia (TSE:AIM) last released its quarterly earnings results on Wednesday, May 13th. The company reported C$0.02 EPS for the quarter. The firm 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%. Equities research analysts predict that Aimia Inc. will post 0.0149339 EPS for the current fiscal year.

Insider Activity

In other Aimia news, Director Robert Matthew Feingold bought 10,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of C$2.67 per share, for a total transaction of C$26,700.00. Following the completion of the purchase, the director owned 150,362 shares of the company’s stock, valued at approximately C$401,466.54. This represents a 7.12% increase in their ownership of the stock. Also, Director Thomas (Tom) Little purchased 56,000 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were bought at an average cost of C$2.72 per share, for a total transaction of C$152,320.00. Following the acquisition, the director owned 506,772 shares of the company’s stock, valued at approximately C$1,378,419.84. The trade was a 12.42% increase in their ownership of the stock. Over the last three months, insiders acquired 180,272 shares of company stock valued at $492,548. 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.