Aimia (TSE:AIM) Shares Pass Above Two Hundred Day Moving Average of $2.63

Shares of Aimia Inc. (TSE:AIM) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.63 and traded as high as C$2.67. Aimia shares last traded at C$2.67, with a volume of 50,557 shares.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group decreased their price objective on Aimia from C$4.50 to C$4.00 and set a “buy” rating for the company in a report on Wednesday, August 14th.

Aimia Trading Up 1.9 %

The stock has a market cap of C$262.67 million, a price-to-earnings ratio of -2.01, a P/E/G ratio of -2.30 and a beta of 0.96. The company has a debt-to-equity ratio of 31.05, a current ratio of 2.70 and a quick ratio of 83.33. The company’s fifty day moving average price is C$2.63 and its 200-day moving average price is C$2.63.

Aimia (TSE:AIM) last issued its quarterly earnings results on Tuesday, August 13th. The company reported C($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.39) by C$0.29. Aimia had a negative net margin of 26.20% and a negative return on equity of 16.59%. The business had revenue of C$122.40 million for the quarter. On average, research analysts expect that Aimia Inc. will post 0.0150479 EPS for the current fiscal year.

Aimia Company Profile

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.