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

Aimia logo with Financial Services background

Aimia Inc. (TSE:AIM - Get Free Report)'s share price hit a new 52-week high on Wednesday . The company traded as high as C$3.04 and last traded at C$2.94, with a volume of 38100 shares traded. The stock had previously closed at C$3.00.

Wall Street Analysts Forecast Growth

Separately, TD Securities reiterated a "buy" rating and issued a C$4.00 price objective on shares of Aimia in a research report on Monday, March 31st.

Get Our Latest Stock Analysis on AIM

Aimia Trading Down 1.4%

The firm's 50-day moving average is C$2.85 and its two-hundred day moving average is C$2.62. The stock has a market cap of C$280.84 million, a price-to-earnings ratio of -3.59, a P/E/G 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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