Aimia (OTCMKTS:AIMFF) Trading Up 2.6% – Time to Buy?

Aimia Inc. (OTCMKTS:AIMFF) shot up 2.6% during trading on Wednesday . The company traded as high as $2.02 and last traded at $2.02. 1,600 shares were traded during mid-day trading, a decline of 93% from the average session volume of 24,157 shares. The stock had previously closed at $1.9680.

Wall Street Analyst Weigh In

Separately, TD Securities downgraded shares of Aimia to a “hold” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Aimia Price Performance

The stock’s 50-day moving average is $2.13 and its 200 day moving average is $2.10.

Aimia Company Profile

Aimia is a data-driven marketing and loyalty analytics company headquartered in Montreal, Canada. The firm specializes in the design, management and optimization of customer loyalty programs and coalition loyalty solutions across multiple industries, including travel, retail and financial services. Leveraging advanced data analytics and digital engagement tools, Aimia helps organizations enhance customer retention, drive revenue growth and deliver personalized experiences to end-users.

Originally established as the Aeroplan Income Fund in 2005 and reorganized into Aimia Inc in 2008, the company became known for operating one of Canada’s largest airline loyalty programs in partnership with Air Canada.