Aimia (OTCMKTS:GAPFF) Shares Climb 2.3% – Still a Buy?

Aimia Inc. (OTCMKTS:GAPFF – Get Free Report) was up 2.3% during trading on Tuesday. The stock traded as high as $1.8420 and last traded at $1.8420. Approximately 7,017 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 24,717 shares. The stock had previously closed at $1.80.

Aimia Stock Performance

The firm’s 50-day moving average is $1.92 and its 200-day moving average is $1.95.

Aimia Company Profile

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Aimia Inc is a Canadian investment company focused on acquiring and managing controlling and minority interests in public and private businesses. The company seeks long-term investment opportunities across a range of industries and geographies, with particular experience in loyalty, travel, technology and related business services.

Aimia is best known historically for its ownership and operation of the Aeroplan loyalty program. Aeroplan was established in 1984 as Air Canada’s frequent-flyer program, and Aimia operated it for many years before selling the program to Air Canada in 2019.

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