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Aimia (TSE:AIM) Stock Crosses Above 200-Day Moving Average - Here's Why

Aimia logo with Financial Services background

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$2.53 and traded as high as C$2.70. Aimia shares last traded at C$2.65, with a volume of 15,264 shares changing hands.

Analyst Ratings Changes

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

Get Our Latest Analysis on Aimia

Aimia Stock Performance

The company has a market capitalization of C$254.87 million, a PE ratio of -3.26, a PEG ratio of -2.30 and a beta of 0.95. The stock has a fifty day moving average of C$2.48 and a 200 day moving average of C$2.53.

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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