Aimia (TSE:AIM) Reaches New 52-Week High - Here's Why

Key Points

• Aimia Inc. shares reached a new 52-week high, trading at C$3.32, and recently settled at C$3.27.
• The company's market capitalization stands at C$296.87 million, with a P/E ratio of -40.75, indicating a potential investment risk.
• Aimia operates as a holding company, focusing on long-term investments in businesses with strong growth prospects and substantial free cash flow generation.

Aimia Inc. (TSE:AIM - Get Free Report) hit a new 52-week high on Monday . The company traded as high as C$3.32 and last traded at C$3.27, with a volume of 62597 shares trading hands. The stock had previously closed at C$3.24.

Aimia Stock Down 0.9%

The business's 50 day moving average is C$3.11 and its two-hundred day moving average is C$2.79. The firm has a market capitalization of C$296.52 million, a P/E ratio of -40.75, a PEG ratio of -2.30 and a beta of -0.01.

Aimia Company Profile

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.