Peter Grenville Schoch Acquires 10,900 Shares of AirBoss of America Corp. (TSE:BOS) Stock

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

AirBoss of America Stock Down 2.6 %

TSE:BOS traded down C$0.10 during trading hours on Monday, reaching C$3.80. 33,750 shares of the company traded hands, compared to its average volume of 22,860. 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 business’s 50-day moving average price is C$4.38 and its two-hundred day moving average price is C$4.91. AirBoss of America Corp. has a 1 year low of C$3.68 and a 1 year high of C$6.31. The stock has a market capitalization of C$103.09 million, a P/E ratio of -1.39, a P/E/G ratio of -550.53 and a beta of 2.05.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on BOS shares. CIBC upgraded AirBoss of America from an “underperform” rating to a “neutral” rating and lifted their price target for the company from C$4.00 to C$5.00 in a research report on Wednesday, December 4th. TD Securities boosted their target price on shares of AirBoss of America from C$7.00 to C$8.00 and gave the company a “buy” rating in a report on Wednesday, September 11th. Finally, Cibc World Mkts upgraded shares of AirBoss of America from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 4th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average 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.