Aimia (TSE:AIM) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Aimia Inc. (TSE:AIM) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.61 and traded as high as C$2.61. Aimia shares last traded at C$2.60, with a volume of 11,053 shares trading hands.

Aimia Price Performance

The firm has a market capitalization of C$255.79 million, a price-to-earnings ratio of -1.95, a P/E/G ratio of -2.30 and a beta of 0.95. The company has a fifty day moving average price of C$2.62 and a two-hundred day moving average price of C$2.61. The company has a quick ratio of 83.33, a current ratio of 2.70 and a debt-to-equity ratio of 31.05.

About Aimia

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.