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AirBoss of America (TSE:BOS) Share Price Crosses Below Two Hundred Day Moving Average - What's Next?

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AirBoss of America Corp. (TSE:BOS - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.30 and traded as low as C$3.70. AirBoss of America shares last traded at C$3.76, with a volume of 19,074 shares changing hands.

Analyst Ratings Changes

Several research firms recently commented on BOS. CIBC upgraded AirBoss of America from an "underperform" rating to a "neutral" rating and raised their target price for the company from C$4.00 to C$5.00 in a research 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.

Read Our Latest Stock Analysis on AirBoss of America

AirBoss of America Stock Up 11.4 %

The business's 50 day simple moving average is C$3.98 and its 200 day simple moving average is C$4.29. The company has a market capitalization of C$76.40 million, a PE ratio of -1.42, a price-to-earnings-growth ratio of -550.53 and a beta of 2.05. The company has a quick ratio of 1.07, a current ratio of 2.23 and a debt-to-equity ratio of 95.38.

Insiders Place Their Bets

In other news, Director Peter Grenville Schoch bought 10,900 shares of the firm's stock in a transaction on Monday, December 16th. The stock was bought at an average cost of C$3.80 per share, for a total transaction of C$41,420.00. Insiders bought a total of 20,000 shares of company stock worth $76,451 over the last ninety days. 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.

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