AirBoss of America Corp. (TSE:BOS - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$4.47 and traded as low as C$4.00. AirBoss of America shares last traded at C$4.14, with a volume of 77,000 shares trading hands.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the company. CIBC raised AirBoss of America from an "underperform" rating to a "neutral" rating and boosted their target price for the stock from C$4.00 to C$5.00 in a report on Wednesday, December 4th. Cibc World Mkts upgraded AirBoss of America from a "strong sell" rating to a "hold" rating in a research note on Wednesday, December 4th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, AirBoss of America has an average rating of "Hold" and an average price target of C$6.19.
Check Out Our Latest Stock Analysis on AirBoss of America
AirBoss of America Trading Up 1.4 %
The company has a market cap of C$113.95 million, a PE ratio of -1.53, a PEG ratio of -550.53 and a beta of 2.05. 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$3.92 and its 200 day moving average is C$4.47.
AirBoss of America (TSE:BOS - Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported C($0.16) EPS for the quarter, missing the consensus estimate of C($0.05) by C($0.11). AirBoss of America had a negative return on equity of 33.87% and a negative net margin of 13.99%. During the same quarter in the previous year, the firm earned ($0.13) earnings per share. On average, equities analysts anticipate that AirBoss of America Corp. will post 0.1012935 earnings per share for the current year.
Insiders Place Their Bets
In other AirBoss of America news, Director Peter Grenville Schoch bought 10,900 shares of the company's stock in a transaction on Monday, December 16th. The stock was acquired at an average price of C$3.80 per share, for a total transaction of C$41,420.00. Also, Senior Officer Franco Ientile acquired 10,000 shares of the business's stock in a transaction on Thursday, December 5th. The stock was acquired at an average cost of C$4.27 per share, for a total transaction of C$42,739.00. Insiders purchased a total of 36,400 shares of company stock worth $143,669 over the last quarter. 34.90% of the stock is currently owned by corporate insiders.
AirBoss of America Company Profile
(
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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.
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