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Aimia (TSE:AIM) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?

Aimia logo with Financial Services background

Aimia Inc. (TSE:AIM - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 trading hands.

Analyst Upgrades and Downgrades

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

View Our Latest Analysis on AIM

Aimia Stock Down 2.2 %

The firm's 50 day simple moving average is C$2.48 and its 200 day simple moving average is C$2.53. The company has a market cap of C$254.87 million, a price-to-earnings ratio of -3.26, a price-to-earnings-growth 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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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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