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

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

Aimia Stock Performance

Shares of 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 company has a debt-to-equity ratio of 39.18, a current ratio of 2.55 and a quick ratio of 83.33. The stock has a market cap of C$242.62 million, a PE ratio of -18.33, a price-to-earnings-growth ratio of -2.30 and a beta of 0.17. The stock has a 50-day moving average of C$2.73 and a 200-day moving average of C$2.81.

Aimia (TSE:AIM) last announced its quarterly earnings results on Tuesday, August 11th. The company reported C$0.11 earnings per share for the quarter. The company had revenue of C$36.40 million for the quarter. Aimia had a net margin of 1.53% and a return on equity of 1.45%. As a group, sell-side 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 Aimia and gave the company a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price 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.