Matthew Boccia Acquires 3,200 Shares of AirBoss of America Corp. (TSE:BOS) Stock

AirBoss of America Corp. (TSE:BOS) Senior Officer Matthew Boccia acquired 3,200 shares of AirBoss of America stock in a transaction that occurred on Tuesday, December 31st. The stock was bought at an average price of C$3.87 per share, for a total transaction of C$12,395.52.

AirBoss of America Price Performance

AirBoss of America stock opened at C$3.89 on Thursday. The company’s 50 day moving average is C$3.99 and its two-hundred day moving average is C$4.66. The firm has a market cap of C$105.54 million, a PE ratio of -1.42, a price-to-earnings-growth ratio of -550.53 and a beta of 2.05. The company has a quick ratio of 1.07, a current ratio of 2.17 and a debt-to-equity ratio of 92.36. AirBoss of America Corp. has a 52-week low of C$3.65 and a 52-week high of C$6.31.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Cibc World Mkts upgraded shares of AirBoss of America from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 4th. CIBC raised AirBoss of America from an “underperform” rating to a “neutral” rating and boosted their target price for the company from C$4.00 to C$5.00 in a research report on Wednesday, December 4th. Finally, TD Securities raised their price target 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. 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 data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of C$6.19.

AirBoss of America Company Profile

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.