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 on Friday, May 15th. The stock was acquired at an average cost of C$2.67 per share, for a total transaction of C$26,700.00. Following the completion of the purchase, the director owned 150,362 shares in the company, valued at C$401,466.54. The trade was a 7.12% increase in their position.

Aimia Price Performance

Shares of TSE:AIM opened at C$2.71 on Thursday. The stock’s 50-day moving average price is C$2.76 and its two-hundred day moving average price is 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 12-month low of C$2.60 and a 12-month high of C$3.44. The firm has a market cap of C$241.45 million, a price-to-earnings ratio of -18.07, a PEG ratio of -2.30 and a beta of 0.03.

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

Wall Street Analysts Forecast Growth

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

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.