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

Aimia logo with Financial Services background

Shares of Aimia Inc. (TSE:AIM - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.53 and traded as high as C$2.79. Aimia shares last traded at C$2.75, with a volume of 66,735 shares traded.

Wall Street Analysts Forecast Growth

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

Get Our Latest Report on AIM

Aimia Price Performance

The firm's fifty day moving average price is C$2.51 and its 200-day moving average price is C$2.53. The firm has a market capitalization of C$264.49 million, a P/E ratio of -3.38, 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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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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