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Aimia (TSE:AIM) Sets New 12-Month Low - Should You Sell?

Aimia logo with Financial Services background

Aimia Inc. (TSE:AIM - Get Free Report)'s share price reached a new 52-week low during trading on Friday . The stock traded as low as C$2.28 and last traded at C$2.30, with a volume of 29677 shares traded. The stock had previously closed at C$2.50.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on AIM

Aimia Stock Up 0.8 %

The stock's 50-day moving average price is C$2.42 and its 200 day moving average price is C$2.53. The company has a market cap of C$236.59 million, a P/E ratio of -3.03, a price-to-earnings-growth 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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