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Aimia (TSE:AIM) Shares Pass Above Two Hundred Day Moving Average - Should You Sell?

Aimia logo with Financial Services background

Aimia Inc. (TSE:AIM - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.54 and traded as high as C$2.77. Aimia shares last traded at C$2.77, with a volume of 268,121 shares traded.

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on Aimia

Aimia Trading Down 1.1%

The stock has a 50-day simple moving average of C$2.58 and a 200 day simple moving average of C$2.54. The company has a market cap of C$259.68 million, a price-to-earnings ratio of -3.32, a PEG 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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