Aimia (TSE:AIM) Shares Cross Below 200-Day Moving Average – Time to Sell?

Shares of Aimia Inc. (TSE:AIM) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.84 and traded as low as C$2.73. Aimia shares last traded at C$2.74, with a volume of 19,014 shares changing hands.

Aimia Stock Performance

The company has a debt-to-equity ratio of 47.02, a quick ratio of 83.33 and a current ratio of 1.96. The company has a market cap of C$240.01 million, a PE ratio of -18.07, a PEG ratio of -2.30 and a beta of 0.10. The business’s 50-day moving average is C$2.75 and its 200 day moving average is C$2.83.

Aimia (TSE:AIM) last posted its quarterly earnings results on Wednesday, May 13th. The company reported C$0.02 earnings per share (EPS) for the quarter. Aimia had a negative net margin of 3.17% and a negative return on equity of 3.98%. The business had revenue of C$32.70 million during the quarter. On average, equities research analysts predict that Aimia Inc. will post 0.0149339 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Robert Matthew Feingold purchased 10,000 shares of Aimia stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average cost of C$2.67 per share, for a total transaction of C$26,700.00. Following the transaction, the director directly owned 150,362 shares in the company, valued at C$401,466.54. The trade was a 7.12% increase in their ownership of the stock. Also, Director Rhys Drennan Summerton purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was bought at an average cost of C$2.71 per share, for a total transaction of C$27,100.00. Following the completion of the purchase, the director directly owned 546,300 shares in the company, valued at approximately C$1,480,473. This trade represents a 1.86% increase in their ownership of the stock. Insiders have purchased a total of 301,872 shares of company stock worth $831,172 in the last ninety days. 3.34% of the stock is owned by insiders.

Aimia Company Profile

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. Headquartered in Toronto, Canada, Aimia is positioned to invest in any sector, wherever a suitable opportunity can be identified worldwide.