Aimia (TSE:AIM) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Aimia Inc. (TSE:AIMGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.54 and traded as high as C$2.77. Aimia shares last traded at C$2.77, with a volume of 268,121 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, TD Securities reaffirmed a “buy” rating and issued a C$4.00 target price on shares of Aimia in a research report on Monday, March 31st.

Get Our Latest Research Report on AIM

Aimia Stock Performance

The business’s 50-day moving average price is C$2.56 and its 200 day moving average price is C$2.54. The company has a market cap of C$266.41 million, a P/E ratio of -3.41, a P/E/G ratio of -2.30 and a beta of 0.95.

Aimia Company Profile

(Get Free Report)

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.

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