Insider Buying: AirBoss of America Corp. (TSE:BOS) Senior Officer Acquires 3,200 Shares of Stock

AirBoss of America Corp. (TSE:BOS - Get Free Report) Senior Officer Matthew Boccia purchased 3,200 shares of the business's stock in a transaction that occurred on Tuesday, December 31st. The stock was acquired at an average price of C$3.87 per share, with a total value of C$12,395.52.

AirBoss of America Price Performance

TSE BOS traded down C$0.18 during mid-day trading on Monday, hitting C$4.04. The stock had a trading volume of 22,927 shares, compared to its average volume of 26,495. AirBoss of America Corp. has a twelve month low of C$3.65 and a twelve month high of C$6.31. The company has a debt-to-equity ratio of 92.36, a current ratio of 2.17 and a quick ratio of 1.07. The firm's 50 day moving average is C$4.01 and its 200 day moving average is C$4.68. The stock has a market capitalization of C$109.61 million, a price-to-earnings ratio of -1.47, a PEG ratio of -550.53 and a beta of 2.05.

Wall Street Analyst Weigh In

A number of research firms have recently commented on BOS. Cibc World Mkts upgraded AirBoss of America from a "strong sell" rating to a "hold" rating in a research report on Wednesday, December 4th. TD Securities lifted their price target on shares of AirBoss of America from C$7.00 to C$8.00 and gave the company a "buy" rating in a research note on Wednesday, September 11th. Finally, CIBC upgraded shares of AirBoss of America from an "underperform" rating to a "neutral" rating and upped their price objective for the stock from C$4.00 to C$5.00 in a research report on Wednesday, December 4th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of C$6.19.

AirBoss of America Company Profile

AirBoss of America Corp., together with its subsidiaries, manufactures and sells rubber-based products in Canada, the United States, and internationally. It operates through AirBoss Rubber Solutions and AirBoss Manufactured Products segments. The AirBoss Rubber Solutions segment involves in the manufacture and distribution of rubber compounds and rubber compounding related chemicals for various application in automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas industries.