Insider Buying: Aimia (TSE:AIM) Director Acquires C$28,200.00 in Stock

Aimia Inc. (TSE:AIM) Director Rhys Drennan Summerton purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, July 14th. The shares were acquired at an average cost of C$2.82 per share, for a total transaction of C$28,200.00. Following the transaction, the director owned 556,300 shares of the company’s stock, valued at C$1,568,766. This trade represents a 1.83% increase in their ownership of the stock.

Rhys Drennan Summerton also recently made the following trade(s):

• On Wednesday, May 27th, Rhys Drennan Summerton acquired 10,000 shares of Aimia stock. The stock was acquired at an average price of C$2.71 per share, with a total value of C$27,100.00.

Aimia Price Performance

Shares of AIM opened at C$2.61 on Friday. The stock has a 50 day simple moving average of C$2.76 and a 200 day simple moving average of C$2.84. Aimia Inc. has a 52-week low of C$2.50 and a 52-week 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. The firm has a market capitalization of C$230.72 million, a PE ratio of -17.40, a P/E/G ratio of -2.30 and a beta of 0.18.

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

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.