Aimia (TSE:AIM) Director Buys C$26,700.00 in Stock

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

Aimia Stock Down 1.8%

AIM opened at C$2.66 on Friday. The firm has a 50 day moving average price of C$2.76 and a 200 day moving average price of C$2.84. The company has a market cap of C$237.00 million, a PE ratio of -17.73, a price-to-earnings-growth ratio of -2.30 and a beta of 0.03. Aimia Inc. has a 1 year low of C$2.60 and a 1 year high of C$3.44. The company has a debt-to-equity ratio of 47.02, a quick ratio of 83.33 and a current ratio of 1.96.

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

Analyst Ratings Changes

Separately, TD Securities cut Aimia from a “buy” rating to a “hold” rating and reduced their target price for the company from C$3.75 to C$3.00 in a research note on Tuesday, February 10th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Aimia presently has a consensus rating of “Hold” and an average 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.