The stock of Aimia Inc (TSE:AIM) reached all time low today, Nov, 2 and still has $6.53 target or 9.00% below today’s $7.18 share price. This indicates more downside for the $1.09B company. This technical setup was reported by Barchart.com. If the $6.53 PT is reached, the company will be worth $98.10M less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. About 48,158 shares traded hands. Aimia Inc (TSE:AIM) has declined 15.06% since March 29, 2016 and is downtrending. It has underperformed by 17.58% the S&P500.
Aimia Inc (TSE:AIM) Ratings Coverage
Out of 6 analysts covering Aimia (TSE:AIM), 0 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 0 are positive. Aimia has been the topic of 12 analyst reports since August 6, 2015 according to StockzIntelligence Inc.
More notable recent Aimia Inc (TSE:AIM) news were published by: Businesswire.com which released: “Sigma Group Acquires Aimia Inc. Enhancement Services Business Unit” on August 16, 2016, also Business.Financialpost.com with their article: “Aeroplan operator Aimia Inc expects to lay off more than 200 employees by end …” published on November 13, 2015, Business.Financialpost.com published: “Aeroplan operator Aimia Inc takes a hit from slowing Canadian economy …” on August 14, 2015. More interesting news about Aimia Inc (TSE:AIM) were released by: Stockhouse.com and their article: “/C O R R E C T I O N from Source — Aimia Inc./” published on October 25, 2016 as well as Forbes.com‘s news article titled: “Aimia (AIM) Shares Cross 10% Yield Mark” with publication date: October 07, 2016.
Aimia Inc. is a Canada-based data-driven marketing and loyalty analytics company. The company has a market cap of $1.09 billion. The Company, through its subsidiaries, operates in the regional business divisions of Canada; the United States and Asia-Pacific , and Europe, the Middle-East and Africa (EMEA). It currently has negative earnings. In Canada, it owns and operates the Aeroplan Program, a coalition loyalty program.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.