AirBoss of America Corp. (TSE:BOS - Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$4.41 and traded as low as C$3.88. AirBoss of America shares last traded at C$3.88, with a volume of 28,500 shares trading hands.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. CIBC raised AirBoss of America from an "underperform" rating to a "neutral" rating and raised their price target for the company 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 report on Wednesday, December 4th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of C$6.19.
Check Out Our Latest Research Report on BOS
AirBoss of America Price Performance
The firm has a market cap of C$105.81 million, a price-to-earnings ratio of -1.42, a price-to-earnings-growth ratio of -550.53 and a beta of 2.05. The company has a current ratio of 2.17, a quick ratio of 1.07 and a debt-to-equity ratio of 92.36. The stock has a 50-day moving average of C$3.93 and a two-hundred day moving average of C$4.39.
Insiders Place Their Bets
In other news, Director Peter Grenville Schoch purchased 10,900 shares of the business's stock in a transaction dated Monday, December 16th. The stock was bought at an average cost of C$3.80 per share, with a total value of C$41,420.00. Also, Senior Officer Franco Ientile purchased 10,000 shares of the business's stock in a transaction dated Thursday, December 5th. The shares were purchased at an average cost of C$4.27 per share, with a total value of C$42,739.00. In the last ninety days, insiders acquired 36,400 shares of company stock worth $143,669. 34.90% of the stock is currently owned by company insiders.
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
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
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
