Aimia Inc. (TSE:AIM – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$2.65 and traded as high as C$2.65. Aimia shares last traded at C$2.63, with a volume of 56,650 shares changing hands.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group lowered their target price on Aimia from C$4.50 to C$4.00 and set a “buy” rating for the company in a report on Wednesday, August 14th.
Check Out Our Latest Research Report on AIM
Aimia Stock Up 0.8 %
Aimia (TSE:AIM – Get Free Report) last posted its earnings results on Tuesday, August 13th. The company reported C($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of C($0.39) by C$0.29. The firm had revenue of C$122.40 million for the quarter. Aimia had a negative net margin of 26.20% and a negative return on equity of 16.59%. On average, sell-side analysts forecast that Aimia Inc. will post 0.0151049 EPS for the current fiscal year.
About Aimia
Aimia Inc invests in public and private companies. It operates through Bozzetto, Cortland International, and Holdings segments. The company, through its long-term investments, provides specialty chemicals, textiles, and water and dispersion chemical solutions in various applications, including textile, home and personal care, plasterboard, and agrochemical markets; manufactures synthetic fiber ropes, as well as offers netting solutions for maritime and other industrial customers; and manufactures and supplies ropes, slings, and tethers for aerospace and defense, marine, renewables, and other industrial end markets.
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