Insider Buying: AirBoss of America Corp. (TSE:BOS) Director Buys 10,900 Shares of Stock

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch purchased 10,900 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were bought at an average price of C$3.80 per share, with a total value of C$41,420.00.

AirBoss of America Stock Down 0.3 %

BOS stock opened at C$3.79 on Wednesday. The company has a current ratio of 2.17, a quick ratio of 1.07 and a debt-to-equity ratio of 92.36. The company’s 50-day moving average price is C$4.35 and its 200 day moving average price is C$4.90. AirBoss of America Corp. has a 52 week low of C$3.68 and a 52 week high of C$6.31. The company has a market cap of C$102.82 million, a P/E ratio of -1.38, a P/E/G ratio of -550.53 and a beta of 2.05.

Wall Street Analyst Weigh In

A number of brokerages have commented on BOS. TD Securities upped their price objective on shares of 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. Cibc World Mkts raised shares of AirBoss of America from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 4th. Finally, CIBC raised 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, December 4th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of C$6.19.

About AirBoss of America

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.