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Aimia (TSE:AIM) Stock Price Passes 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$2.72, reaching a high of C$3.18 during a trading session.
  • The stock currently holds a market capitalization of C$298.15 million and has a price-to-earnings ratio of -3.81, indicating a challenging profitability situation.
  • Aimia serves as a holding company, focusing on long-term investments in businesses with strong cash flow and growth potential.
  • Interested in Aimia? Here are five stocks we like better.

Aimia Inc. (TSE:AIM - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.72 and traded as high as C$3.18. Aimia shares last traded at C$3.10, with a volume of 125,050 shares changing hands.

Aimia Trading Up 2.6%

The business has a 50-day moving average price of C$3.03 and a two-hundred day moving average price of C$2.75. The stock has a market capitalization of C$289.59 million, a P/E ratio of -39.75, a P/E/G ratio of -2.30 and a beta of 0.05.

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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