Aimia (TSE:AIM) Reaches New 12-Month Low at $2.25

Aimia Inc. (TSE:AIM)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$2.25 and last traded at C$2.34, with a volume of 38837 shares. The stock had previously closed at C$2.33.

Analyst Ratings Changes

AIM has been the subject of several research reports. Jefferies Financial Group raised their price objective on shares of Aimia from C$3.25 to C$4.50 and gave the company a “buy” rating in a research report on Wednesday, March 27th. TD Securities reduced their target price on shares of Aimia from C$5.00 to C$4.00 and set a “buy” rating for the company in a report on Wednesday, March 27th.

Aimia Price Performance

The company has a current ratio of 2.68, a quick ratio of 83.33 and a debt-to-equity ratio of 22.76. The company has a market cap of C$220.51 million, a price-to-earnings ratio of -1.29, a P/E/G ratio of -2.30 and a beta of 1.06. The business has a fifty day moving average price of C$2.79 and a two-hundred day moving average price of C$3.03.

Aimia (TSE:AIM) last announced its quarterly earnings results on Tuesday, March 26th. The company reported C($0.69) EPS for the quarter, missing the consensus estimate of C($0.10) by C($0.59). Aimia had a negative net margin of 108.69% and a negative return on equity of 20.24%. The firm had revenue of C$100.10 million during the quarter. On average, equities analysts predict that Aimia Inc. will post 0.0144209 earnings per share for the current year.

Aimia Company Profile

Aimia Inc focuses on long-term investments in public and private companies. It operates through two segments, Holdings and Investment Management. The company, through its subsidiary, Mittleman Investment Management, LLC, provides discretionary portfolio management services to institutional investors and high-net-worth individuals.