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Aimia (TSE:AIM) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened

Aimia logo with Financial Services background

Aimia Inc. (TSE:AIM - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$2.56 and traded as high as C$3.00. Aimia shares last traded at C$2.97, with a volume of 1,320,086 shares trading hands.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on AIM

Aimia Price Performance

The stock's 50 day simple moving average is C$2.66 and its two-hundred day simple moving average is C$2.57. The company has a market capitalization of C$281.80 million, a P/E ratio of -3.60, a P/E/G ratio of -2.30 and a beta of 0.95.

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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