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Aimia (TSE:AIM) Stock Price Crosses Above 200 Day Moving Average - What's Next?

Aimia logo with Financial Services background

Shares of Aimia Inc. (TSE:AIM - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$2.52 and traded as high as C$2.60. Aimia shares last traded at C$2.58, with a volume of 8,085 shares changing hands.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Analysis on Aimia

Aimia Trading Down 0.8 %

The stock's 50 day moving average is C$2.45 and its 200-day moving average is C$2.52. The company has a market cap of C$248.14 million, a P/E ratio of -3.17, 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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