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Aimia (TSE:AIM) Share Price Passes Above Two Hundred Day Moving Average - Here's Why

Aimia logo with Financial Services background

Key Points

  • Aimia Inc. shares surpassed their two hundred day moving average, trading as high as C$3.32, with the last recorded price at C$3.26.
  • The stock has a market cap of C$296.52 million and a negative price-to-earnings ratio of -40.75, indicating challenges in profitability.
  • Aimia is a holding company that focuses on long-term investments in firms with durable economic advantages and strong management teams.
  • Five stocks we like better than Aimia.

Aimia Inc. (TSE:AIM - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.79 and traded as high as C$3.32. Aimia shares last traded at C$3.26, with a volume of 66,604 shares changing hands.

Aimia Stock Performance

The firm has a market cap of C$291.06 million, a P/E ratio of -40.00, a PEG ratio of -2.30 and a beta of -0.01. The company has a 50 day moving average of C$3.12 and a 200 day moving average of C$2.81.

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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