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Aimia (TSE:AIM) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

Aimia logo with Financial Services background

Aimia Inc. (TSE:AIM - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.59 and traded as high as C$2.81. Aimia shares last traded at C$2.68, with a volume of 95,485 shares.

Analysts Set New Price Targets

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

View Our Latest Research Report on Aimia

Aimia Stock Performance

The company has a market capitalization of C$257.75 million, a PE ratio of -3.30, a price-to-earnings-growth ratio of -2.30 and a beta of 0.95. The company's fifty day moving average is C$2.74 and its 200-day moving average is C$2.59.

Aimia Company Profile

(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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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