Aimia (TSE:AIM) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Aimia Inc. (TSE:AIMGet Free Report)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.59 and traded as high as C$2.94. Aimia shares last traded at C$2.88, with a volume of 20,459 shares.

Analyst Ratings Changes

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

Get Our Latest Research Report on Aimia

Aimia Stock Down 1.0%

The stock has a market capitalization of C$276.99 million, a PE ratio of -3.54, a price-to-earnings-growth ratio of -2.30 and a beta of 0.95. The stock has a fifty day moving average of C$2.78 and a 200-day moving average of C$2.59.

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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