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

Aimia Inc. (TSE:AIM) Director Robert Matthew Feingold purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of C$2.67 per share, for a total transaction of C$26,700.00. Following the completion of the acquisition, the director directly owned 150,362 shares in the company, valued at C$401,466.54. The trade was a 7.12% increase in their position.

Aimia Trading Up 0.7%

AIM traded up C$0.02 during trading on Tuesday, reaching C$2.71. 35,476 shares of the company’s stock were exchanged, compared to its average volume of 51,272. The firm has a fifty day moving average price of C$2.77 and a two-hundred day moving average price of C$2.84. The company has a current ratio of 1.96, a quick ratio of 83.33 and a debt-to-equity ratio of 47.02. Aimia Inc. has a one year low of C$2.60 and a one year high of C$3.44. The stock has a market capitalization of C$240.62 million, a PE ratio of 7.13, a price-to-earnings-growth ratio of -2.30 and a beta of 0.03.

Aimia (TSE:AIM) last posted its quarterly earnings data on Wednesday, May 13th. The company reported C$0.02 EPS for the quarter. The company had revenue of C$32.70 million for the quarter. Aimia had a negative net margin of 3.17% and a negative return on equity of 3.98%. As a group, equities research analysts forecast that Aimia Inc. will post 0.0149339 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, TD Securities downgraded shares of Aimia from a “buy” rating to a “hold” rating and lowered their price objective for the stock from C$3.75 to C$3.00 in a report on Tuesday, February 10th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of C$3.00.

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.