Aimia (OTCMKTS:AIMFF) Shares Down 4.1% – Time to Sell?

Aimia Inc. (OTCMKTS:AIMFF)’s stock price was down 4.1% during trading on Monday . The stock traded as low as $2.10 and last traded at $2.10. Approximately 6,100 shares traded hands during trading, a decline of 79% from the average daily volume of 29,060 shares. The stock had previously closed at $2.19.

Analyst Ratings Changes

Separately, TD Securities downgraded shares of Aimia to a “hold” rating in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Aimia has an average rating of “Hold”.

Aimia Stock Down 4.1%

The business has a 50 day moving average price of $2.19 and a 200 day moving average price of $2.14.

About Aimia

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.