Aimia (OTCMKTS:AIMFF) Trading 0.4% Higher – Should You Buy?

Aimia Inc. (OTCMKTS:AIMFF) was up 0.4% during mid-day trading on Thursday . The stock traded as high as $2.25 and last traded at $2.25. Approximately 49,448 shares traded hands during mid-day trading, an increase of 46% from the average daily volume of 33,915 shares. The stock had previously closed at $2.2420.

Analyst Ratings Changes

Separately, TD Securities cut Aimia to a “hold” rating in a research report on Monday, February 9th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Aimia Stock Performance

The stock has a 50 day simple moving average of $2.12 and a two-hundred day simple moving average of $2.15.

Aimia Company Profile

Aimia is a data-driven marketing and loyalty analytics company headquartered in Montreal, Canada. The firm specializes in the design, management and optimization of customer loyalty programs and coalition loyalty solutions across multiple industries, including travel, retail and financial services. Leveraging advanced data analytics and digital engagement tools, Aimia helps organizations enhance customer retention, drive revenue growth and deliver personalized experiences to end-users.

Originally established as the Aeroplan Income Fund in 2005 and reorganized into Aimia Inc in 2008, the company became known for operating one of Canada’s largest airline loyalty programs in partnership with Air Canada.