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

Aimia logo with Financial Services background

Key Points

  • Aimia Inc. shares have crossed above the 200-day moving average, currently trading at C$3.24, which is significantly higher than the average of C$2.75.
  • The stock's market capitalization is C$295.05 million with a negative price-to-earnings ratio of -40.50, indicating challenges in profitability.
  • Aimia is a holding company that targets investments in businesses with strong growth potential and substantial free cash flow generation.
  • MarketBeat previews top five stocks to own in October.

Aimia Inc. (TSE:AIM - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.75 and traded as high as C$3.25. Aimia shares last traded at C$3.24, with a volume of 135,515 shares.

Aimia Stock Performance

The firm has a 50-day simple moving average of C$3.09 and a 200-day simple moving average of C$2.78. The firm has a market cap of C$295.96 million, a P/E ratio of -40.63, a PEG ratio of -2.30 and a beta of -0.01.

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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