AirBoss of America (TSE:BOS - Get Free Report) had its price target decreased by equities research analysts at National Bankshares from C$5.75 to C$5.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a "sector perform" rating on the stock. National Bankshares' target price suggests a potential upside of 35.14% from the company's current price.
Several other brokerages have also weighed in on BOS. Cibc World Mkts upgraded shares of AirBoss of America from a "strong sell" rating to a "hold" rating in a report on Wednesday, December 4th. CIBC dropped their price target on AirBoss of America from C$5.00 to C$4.75 and set a "neutral" rating on the stock in a research report on Tuesday.
Read Our Latest Research Report on BOS
AirBoss of America Stock Performance
AirBoss of America stock traded down C$0.12 during mid-day trading on Tuesday, reaching C$3.70. The company had a trading volume of 44,730 shares, compared to its average volume of 27,154. AirBoss of America has a 52 week low of C$3.65 and a 52 week high of C$6.31. The company has a quick ratio of 1.07, a current ratio of 2.23 and a debt-to-equity ratio of 95.38. The firm has a market cap of C$67.31 million, a price-to-earnings ratio of -1.25, a PEG ratio of -550.53 and a beta of 2.05. The company has a 50 day moving average of C$3.99 and a 200-day moving average of C$4.29.
Insider Buying and Selling
In related news, Director Peter Grenville Schoch acquired 10,900 shares of the business's stock in a transaction dated Monday, December 16th. The shares were bought at an average price of C$3.80 per share, with a total value of C$41,420.00. Insiders bought 20,000 shares of company stock valued at $76,451 over the last quarter. Insiders own 34.90% of the company's stock.
AirBoss of America Company Profile
(
Get Free Report)
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments: Rubber Solutions, Engineered Products, and AirBoss Defense Group. The Rubber Solutions segment includes manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider AirBoss of America, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AirBoss of America wasn't on the list.
While AirBoss of America currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.