AirBoss of America Corp. (TSE:BOS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$5.37 and traded as high as C$5.54. AirBoss of America shares last traded at C$5.49, with a volume of 2,565 shares changing hands.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on BOS shares. National Bankshares reduced their price target on shares of AirBoss of America from C$6.25 to C$5.75 and set a "sector perform" rating for the company in a research note on Tuesday, July 16th. CIBC dropped their target price on AirBoss of America from C$5.75 to C$4.00 in a report on Thursday, August 15th. Finally, TD Securities increased their price target on 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. One analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of C$5.75.
Check Out Our Latest Stock Analysis on BOS
AirBoss of America Price Performance
The company has a debt-to-equity ratio of 92.36, a quick ratio of 1.07 and a current ratio of 2.17. The company's 50 day moving average price is C$4.76 and its 200-day moving average price is C$5.37. The company has a market cap of C$146.50 million, a price-to-earnings ratio of -1.99, a PEG ratio of -550.53 and a beta of 2.03.
AirBoss of America (TSE:BOS - Get Free Report) last issued its earnings results on Tuesday, August 13th. The company reported C($0.14) earnings per share for the quarter, missing analysts' consensus estimates of C($0.06) by C($0.08). The business had revenue of C$130.48 million for the quarter, compared to the consensus estimate of C$142.42 million. AirBoss of America had a negative return on equity of 33.87% and a negative net margin of 13.99%. On average, equities research analysts forecast that AirBoss of America Corp. will post 0.1014931 earnings per share for the current fiscal year.
AirBoss of America Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.035 per share. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date is Monday, September 30th. AirBoss of America's dividend payout ratio (DPR) is presently -5.07%.
About AirBoss of America
(
Get Free Report)
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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