AirBoss of America Corp. (TSE:BOS - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$5.38 and traded as low as C$5.25. AirBoss of America shares last traded at C$5.35, with a volume of 11,750 shares changing hands.
Analyst Ratings Changes
A number of equities analysts recently commented on the stock. National Bankshares lowered their target price 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. TD Securities upped their price objective on AirBoss of America from C$7.00 to C$8.00 and gave the stock a "buy" rating in a research report on Wednesday, September 11th. Finally, CIBC cut their target price on AirBoss of America from C$5.75 to C$4.00 in a research report on Thursday, August 15th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of C$5.75.
Check Out Our Latest Analysis on AirBoss of America
AirBoss of America Stock Down 0.3 %
The firm's 50 day simple moving average is C$4.75 and its 200-day simple moving average is C$5.38. The company has a market cap of C$143.79 million, a price-to-earnings ratio of -1.92, a P/E/G ratio of -550.53 and a beta of 2.03. The company has a debt-to-equity ratio of 92.36, a current ratio of 2.17 and a quick ratio of 1.07.
AirBoss of America (TSE:BOS - Get Free Report) last announced its earnings results on Tuesday, August 13th. The company reported C($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C($0.06) by C($0.08). The firm had revenue of C$130.48 million during the quarter, compared to analyst estimates of C$142.42 million. AirBoss of America had a negative net margin of 13.99% and a negative return on equity of 33.87%. As a group, sell-side analysts anticipate that AirBoss of America Corp. will post 0.1026827 earnings per share for the current year.
AirBoss of America Dividend Announcement
The firm 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. The ex-dividend date is Monday, September 30th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.64%. AirBoss of America's dividend payout ratio (DPR) is presently -5.07%.
About AirBoss of America
(
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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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