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

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

Aimia Price Performance

AIM stock opened at C$2.75 on Friday. Aimia Inc. has a one year low of C$2.48 and a one year high of C$3.44. The firm has a 50-day moving average of C$2.73 and a two-hundred day moving average of C$2.81. The firm has a market capitalization of C$242.62 million, a PE ratio of -18.33, a P/E/G ratio of -2.30 and a beta of 0.17. 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 (TSE:AIM) last released its earnings results on Tuesday, August 11th. The company reported C$0.11 earnings per share for the quarter. Aimia had a negative net margin of 3.17% and a negative return on equity of 3.98%. The business had revenue of C$36.40 million for the quarter. On average, analysts forecast that Aimia Inc. will post 0.0149339 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group set a C$3.75 target price on Aimia and gave the company a “buy” rating in a 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 MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$3.38.

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