AirBoss of America (TSE:BOS) Hits New 1-Year Low at $7.45

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AirBoss of America Corp (TSE:BOS) shares reached a new 52-week low on Tuesday . The stock traded as low as C$7.45 and last traded at C$7.45, with a volume of 9702 shares traded. The stock had previously closed at C$8.00.

BOS has been the topic of a number of research analyst reports. Cormark set a C$11.50 price objective on shares of AirBoss of America in a report on Thursday, August 15th. CIBC raised their price objective on shares of AirBoss of America from C$11.00 to C$12.00 in a report on Monday, May 13th. Finally, TD Securities raised their price objective on shares of AirBoss of America from C$12.00 to C$13.00 and gave the stock a “buy” rating in a report on Friday, May 10th.

The company has a quick ratio of 1.63, a current ratio of 2.69 and a debt-to-equity ratio of 56.27. The business’s fifty day moving average is C$8.56 and its 200 day moving average is C$8.73. The firm has a market capitalization of $192.05 million and a price-to-earnings ratio of 19.79.

In other AirBoss of America news, Director Peter Grenville Schoch bought 4,900 shares of the firm’s stock in a transaction that occurred on Friday, June 28th. The stock was acquired at an average price of C$8.16 per share, with a total value of C$39,984.00. Following the completion of the transaction, the director now owns 4,714,447 shares in the company, valued at C$38,469,887.52. Also, Senior Officer Christos Bitsakakis bought 11,000 shares of the firm’s stock in a transaction that occurred on Friday, June 28th. The stock was acquired at an average cost of C$8.39 per share, with a total value of C$92,293.30. Following the transaction, the insider now owns 50,300 shares of the company’s stock, valued at approximately C$422,032.09.

AirBoss of America Company Profile (TSE:BOS)

AirBoss of America Corp., through its subsidiaries, develops, manufactures, and sells rubber-based products to the resource, military, automotive, and industrial markets primarily in Canada and the United States. The company operates through Rubber Solutions and Engineered Products segments. The Rubber Solutions segment is involved in the custom rubber compounding and supplying mixed rubber for use in mining, transportation, industrial rubber, military, automotive, conveyor belting, oil and gas, and other products; and distributes chemicals.

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