Aimia (TSE:AIM) Director Robert Matthew Feingold Acquires 10,000 Shares of Stock

Aimia Inc. (TSE:AIM) Director Robert Matthew Feingold bought 10,000 shares of the business’s stock in a transaction on Friday, August 14th. The stock was purchased at an average price of C$2.80 per share, for a total transaction of C$28,000.00. Following the purchase, the director directly owned 160,362 shares in the company, valued at approximately C$449,013.60. This represents a 6.65% increase in their position.

Aimia Stock Up 1.1%

TSE:AIM traded up C$0.03 during trading hours on Friday, reaching C$2.75. 30,347 shares of the stock were exchanged, compared to its average volume of 53,399. The stock has a market cap of C$243.10 million, a PE ratio of -18.33, a PEG ratio of -2.30 and a beta of 0.17. Aimia Inc. has a twelve month low of C$2.48 and a twelve month high of C$3.44. The firm has a 50 day moving average of C$2.73 and a 200 day moving average of C$2.81. The company has a debt-to-equity ratio of 47.02, a current ratio of 1.96 and a quick ratio of 83.33.

Aimia (TSE:AIM) last posted its quarterly earnings data on Tuesday, August 11th. The company reported C$0.11 earnings per share (EPS) for the quarter. The company had revenue of C$36.40 million for the quarter. Aimia had a negative net margin of 3.17% and a negative return on equity of 3.98%. On average, equities analysts expect that Aimia Inc. will post 0.0149339 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group set a C$3.75 price target on shares of Aimia and gave the stock a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Aimia presently has an average rating of “Moderate Buy” and a consensus price target of C$3.38.

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. Headquartered in Toronto, Canada, Aimia is positioned to invest in any sector, wherever a suitable opportunity can be identified worldwide.