Aimia (OTCMKTS:AIMFF) Trading Down 4.1% – Should You Sell?

Aimia Inc. (OTCMKTS:AIMFF)’s stock price traded down 4.1% during mid-day trading on Monday . The company traded as low as $2.10 and last traded at $2.10. 6,100 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 29,060 shares. The stock had previously closed at $2.19.

Analyst Ratings Changes

Separately, TD Securities cut Aimia to a “hold” rating in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Aimia currently has an average rating of “Hold”.

Aimia Price Performance

The firm’s 50 day moving average price is $2.19 and its two-hundred day moving average price is $2.14.

About Aimia

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.