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Aimia (TSE:AIM) Shares Cross Above 200-Day Moving Average - Here's What Happened

Aimia logo with Financial Services background

Aimia Inc. (TSE:AIM - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.61 and traded as high as C$3.03. Aimia shares last traded at C$3.01, with a volume of 21,001 shares trading hands.

Analysts Set New Price Targets

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

Check Out Our Latest Analysis on Aimia

Aimia Price Performance

The company has a market cap of C$284.68 million, a price-to-earnings ratio of -3.64, a P/E/G ratio of -2.30 and a beta of 0.95. The firm's 50 day simple moving average is C$2.84 and its 200-day simple moving average is C$2.62.

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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