Aimia (TSE:AIM) Hits New 52-Week High - Time to Buy?

Aimia Inc. (TSE:AIM - Get Free Report)'s share price hit a new 52-week high on Friday . The company traded as high as C$2.99 and last traded at C$2.96, with a volume of 62499 shares. The stock had previously closed at C$2.96.

Wall Street Analysts Forecast Growth

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

Aimia Price Performance

The stock has a market capitalization of C$284.68 million, a price-to-earnings ratio of -3.64, a P/E/G ratio of -2.30 and a beta of 0.95. The business has a 50-day simple moving average of C$2.62 and a two-hundred day simple moving average of C$2.55.

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.

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