Aimia (TSE:AIM) Hits New 1-Year Low – Here’s What Happened

Aimia Inc. (TSE:AIM) shares hit a new 52-week low on Friday . The stock traded as low as C$2.28 and last traded at C$2.30, with a volume of 29677 shares traded. The stock had previously closed at C$2.50.

Wall Street Analyst Weigh In

Separately, TD Securities reaffirmed a “buy” rating and set a C$4.00 target price on shares of Aimia in a research note on Monday, March 31st.

Aimia Trading Down 8.0 %

The stock’s fifty day moving average price is C$2.43 and its 200-day moving average price is C$2.54. The firm has a market cap of C$221.21 million, a price-to-earnings ratio of -2.83, a P/E/G ratio of -2.30 and a beta of 0.95.

About Aimia

Aimia Inc (TSX: AIM) is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. We target companies with durable economic advantages evidenced by a track record of substantial free cash flow generation over complete business cycles, strong growth prospects, and guided by strong, experienced management teams.