Aimia (TSE:AIM) Share Price Crosses Above 200-Day Moving Average of $2.89

Aimia Inc. (TSE:AIMGet Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.89 and traded as high as C$2.99. Aimia shares last traded at C$2.95, with a volume of 19,784 shares trading hands.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on AIM. Jefferies Financial Group increased their target price on Aimia from C$3.25 to C$4.50 and gave the company a “buy” rating in a report on Wednesday, March 27th. TD Securities lowered their target price on Aimia from C$5.00 to C$4.00 and set a “buy” rating on the stock in a report on Wednesday, March 27th.

View Our Latest Stock Analysis on AIM

Aimia Stock Up 0.7 %

The firm has a fifty day moving average price of C$2.56 and a 200-day moving average price of C$2.89. The company has a quick ratio of 83.33, a current ratio of 2.67 and a debt-to-equity ratio of 31.83. The firm has a market cap of C$294.06 million, a price-to-earnings ratio of -1.36, a PEG ratio of -2.30 and a beta of 1.01.

Aimia (TSE:AIMGet Free Report) last posted its quarterly earnings data on Wednesday, May 15th. The company reported C($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.55) by C$0.46. The business had revenue of C$122.10 million for the quarter. Aimia had a negative return on equity of 26.03% and a negative net margin of 55.10%. As a group, sell-side analysts forecast that Aimia Inc. will post 0.0154469 EPS for the current year.

Aimia Company Profile

(Get Free Report)

Aimia Inc invests in public and private companies. It operates through Bozzetto, Cortland International, and Holdings segments. The company, through its long-term investments, provides specialty chemicals, textiles, and water and dispersion chemical solutions in various applications, including textile, home and personal care, plasterboard, and agrochemical markets; manufactures synthetic fiber ropes, as well as offers netting solutions for maritime and other industrial customers; and manufactures and supplies ropes, slings, and tethers for aerospace and defense, marine, renewables, and other industrial end markets.

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