AirBoss of America (TSE:BOS - Get Free Report) was upgraded by investment analysts at Cibc World Mkts from a "strong sell" rating to a "hold" rating in a research note issued to investors on Wednesday,Zacks.com reports.
A number of other analysts have also issued reports on the stock. TD Securities boosted their target price 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. CIBC upgraded shares of AirBoss of America from an "underperform" rating to a "neutral" rating and lifted their price objective for the company from C$4.00 to C$5.00 in a report on Wednesday. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of C$6.19.
View Our Latest Report on AirBoss of America
AirBoss of America Trading Down 3.3 %
BOS traded down C$0.14 during trading hours on Wednesday, reaching C$4.11. 30,616 shares of the company's stock traded hands, compared to its average volume of 23,008. The firm has a 50-day moving average price of C$4.47 and a 200 day moving average price of C$4.97. The firm has a market capitalization of C$111.50 million, a PE ratio of -1.50, a PEG ratio of -550.53 and a beta of 2.05. The company has a quick ratio of 1.07, a current ratio of 2.17 and a debt-to-equity ratio of 92.36. AirBoss of America has a 52-week low of C$3.68 and a 52-week high of C$6.31.
Insiders Place Their Bets
In related news, Senior Officer Franco Ientile bought 10,000 shares of the company's stock in a transaction on Thursday, December 5th. The shares were acquired at an average price of C$4.27 per share, with a total value of C$42,739.00. Company insiders own 34.90% of the company's stock.
AirBoss of America Company Profile
(
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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.
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