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Aimia (TSE:AIM) Share Price Crosses Above 200 Day Moving Average - What's Next?

Aimia logo with Financial Services background

Key Points

  • Aimia Inc.'s share price surpassed its 200-day moving average of C$2.64, reaching a trading high of C$3.07 on Thursday.
  • The company has a market capitalization of C$292.38 million and notably low P/E and PEG ratios of -3.74 and -2.30, indicating potential investment challenges.
  • Aimia is a holding company that focuses on long-term investments in businesses with strong economic fundamentals and management, aiming for companies with substantial free cash flow generation.
  • Five stocks we like better than Aimia.

Aimia Inc. (TSE:AIM - Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.64 and traded as high as C$3.07. Aimia shares last traded at C$3.04, with a volume of 39,702 shares traded.

Aimia Stock Up 0.7%

The company's fifty day simple moving average is C$2.91 and its two-hundred day simple moving average is C$2.64. The company has a market capitalization of C$294.30 million, a price-to-earnings ratio of -3.76, a price-to-earnings-growth ratio of -2.30 and a beta of 0.95.

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.

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