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Aimia (TSE:AIM) Reaches New 12-Month High - Here's Why

Aimia logo with Financial Services background

Key Points

  • Aimia Inc. shares reached a new 12-month high, trading at C$3.19, reflecting a 3.6% increase from the previous close of C$3.06.
  • The company has a market capitalization of C$304.88 million and a negative price-to-earnings ratio of -3.90.
  • Aimia operates as a holding company, focusing on long-term investments in businesses demonstrating strong growth prospects and substantial free cash flow generation.
  • Looking to Export and Analyze Aimia Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Aimia Inc. (TSE:AIM - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$3.19 and last traded at C$3.17, with a volume of 70438 shares traded. The stock had previously closed at C$3.06.

Aimia Stock Performance

The company has a market capitalization of C$296.22 million, a PE ratio of -3.79, a P/E/G ratio of -2.30 and a beta of 0.95. The business has a fifty day moving average price of C$2.94 and a 200 day moving average price of C$2.66.

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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