National Bankshares Issues Pessimistic Forecast for AirBoss of America (TSE:BOS) Stock Price

AirBoss of America (TSE:BOS) had its target price trimmed by National Bankshares from C$5.75 to C$5.00 in a research note released on Tuesday,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

BOS has been the subject of a number of other reports. Cibc World Mkts raised shares of AirBoss of America from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 4th. CIBC decreased their price objective on shares of AirBoss of America from C$5.00 to C$4.75 and set a “neutral” rating for the company in a research report on Tuesday.

AirBoss of America Stock Performance

TSE:BOS opened at C$3.66 on Tuesday. The company has a debt-to-equity ratio of 95.38, a current ratio of 2.23 and a quick ratio of 1.07. The firm has a 50-day moving average of C$3.99 and a two-hundred day moving average of C$4.28. The stock has a market cap of C$66.58 million, a P/E ratio of -1.24, a PEG ratio of -550.53 and a beta of 2.05. AirBoss of America has a 1-year low of C$3.64 and a 1-year high of C$6.31.

Insider Transactions at AirBoss of America

In related news, Director Peter Grenville Schoch purchased 10,900 shares of AirBoss of America stock in a transaction dated Monday, December 16th. The shares were acquired at an average price of C$3.80 per share, with a total value of C$41,420.00. Over the last 90 days, insiders have purchased 20,000 shares of company stock valued at $76,451. Insiders own 34.90% of the company’s stock.

AirBoss of America Company Profile

AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments: Rubber Solutions, Engineered Products, and AirBoss Defense Group. The Rubber Solutions segment includes manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals.