Aimia (TSE:AIM) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Aimia Inc. (TSE:AIMGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.53 and traded as high as C$2.79. Aimia shares last traded at C$2.75, with a volume of 66,735 shares traded.

Wall Street Analysts Forecast Growth

Separately, TD Securities reiterated a “buy” rating and set a C$4.00 price objective on shares of Aimia in a research note on Monday, March 31st.

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Aimia Price Performance

The firm’s fifty day moving average price is C$2.51 and its 200-day moving average price is C$2.53. The firm has a market capitalization of C$264.49 million, a P/E ratio of -3.38, a PEG ratio of -2.30 and a beta of 0.95.

About Aimia

(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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