Aimia (TSE:AIM) Reaches New 1-Year High – What’s Next?

Aimia Inc. (TSE:AIM) shares reached a new 52-week high during trading on Friday . The company traded as high as C$2.99 and last traded at C$2.96, with a volume of 62499 shares changing hands. The stock had previously closed at C$2.96.

Wall Street Analysts Forecast Growth

Separately, TD Securities reiterated a “buy” rating and issued a C$4.00 price objective on shares of Aimia in a report on Monday, March 31st.

Aimia Trading Down 0.7%

The firm has a market cap of C$282.76 million, a PE ratio of -3.62, a P/E/G ratio of -2.30 and a beta of 0.95. The business has a fifty day moving average price of C$2.62 and a 200 day moving average price of C$2.56.

Aimia Company Profile

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.