Key Points
- Director Robert Matthew Feingold purchased 10,000 Aimia shares at C$2.80 each, investing C$28,000 and increasing his direct ownership by 6.65% to 160,362 shares.
- Aimia reported quarterly revenue of C$36.40 million and earnings of C$0.11 per share, though it posted negative return on equity and net margin.
- Analyst sentiment is moderately positive: Jefferies assigned a Buy rating with a C$3.75 price target, while the consensus target is C$3.38 versus the stock’s C$2.75 opening price.
Aimia Inc. (TSE:AIM - Get Free Report) Director Robert Matthew Feingold purchased 10,000 shares of the company's stock in a transaction dated Friday, August 14th. The stock was bought at an average cost of C$2.80 per share, for a total transaction of C$28,000.00. Following the completion of the purchase, the director directly owned 160,362 shares of the company's stock, valued at C$449,013.60. The trade was a 6.65% increase in their position.
Aimia Price Performance
Shares of TSE:AIM opened at C$2.75 on Friday. The firm has a market cap of C$242.62 million, a price-to-earnings ratio of -18.33, a P/E/G ratio of -2.30 and a beta of 0.17. Aimia Inc. has a 1 year low of C$2.48 and a 1 year high of C$3.44. The company has a current ratio of 1.96, a quick ratio of 83.33 and a debt-to-equity ratio of 47.02. The business has a fifty day simple moving average of C$2.73 and a 200 day simple moving average of C$2.81.
Aimia (TSE:AIM - Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported C$0.11 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$36.40 million for the quarter. As a group, sell-side analysts predict that Aimia Inc. will post 0.0149339 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, Jefferies Financial Group set a C$3.75 price objective on Aimia and gave the stock a "buy" rating in a report on Wednesday. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, Aimia currently has an average rating of "Moderate Buy" and a consensus price target of C$3.38.
Check Out Our Latest Stock Analysis on Aimia
Aimia Company Profile
(
Get Free Report)
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.
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