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

Aimia logo with Financial Services background

Key Points

  • Aimia Inc. (TSE:AIM) shares surpassed their 200-day moving average of C$2.66 during trading, reaching a high of C$3.10 before settling at C$3.09.
  • The company has a market capitalization of C$297.19 million and a P/E ratio of -3.80, indicating ongoing losses.
  • Aimia is a holding company focused on long-term investments in both private and public businesses, looking for companies with strong growth prospects and experienced management.
  • Need better tools to track Aimia? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Aimia Inc. (TSE:AIM - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.66 and traded as high as C$3.10. Aimia shares last traded at C$3.09, with a volume of 52,917 shares.

Aimia Price Performance

The company has a 50-day simple moving average of C$2.95 and a 200-day simple moving average of C$2.66. The stock has a market cap of C$298.15 million, a PE ratio of -3.81, 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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