Key Points
- Director Peter Grenville Schoch bought 20,000 AirBoss of America shares on May 14 at an average price of C$7.46, increasing his direct stake by 33.33% to 80,000 shares.
- The company’s stock recently traded near C$7.38, above its 200-day moving average of C$5.61, with a market cap of about C$200.36 million and a 12-month range of C$3.87 to C$10.08.
- Analysts remain cautiously positive: two rate the stock Buy, one rates it Hold, and the consensus target price is C$8.00 after recent upward revisions.
AirBoss of America Corp. (TSE:BOS - Get Free Report) Director Peter Grenville Schoch purchased 20,000 shares of the business's stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average cost of C$7.46 per share, with a total value of C$149,200.00. Following the completion of the acquisition, the director directly owned 80,000 shares of the company's stock, valued at C$596,800. The trade was a 33.33% increase in their ownership of the stock.
AirBoss of America Stock Performance
AirBoss of America stock opened at C$7.38 on Friday. The stock has a 50-day simple moving average of C$7.29 and a 200 day simple moving average of C$5.61. The company has a quick ratio of 1.07, a current ratio of 1.68 and a debt-to-equity ratio of 71.16. AirBoss of America Corp. has a 12-month low of C$3.87 and a 12-month high of C$10.08. The stock has a market capitalization of C$200.36 million, a price-to-earnings ratio of -33.55, a P/E/G ratio of -550.53 and a beta of 0.84.
AirBoss of America (TSE:BOS - Get Free Report) last released its quarterly earnings results on Friday, March 20th. The company reported C$0.01 earnings per share (EPS) for the quarter. AirBoss of America had a negative return on equity of 5.18% and a negative net margin of 1.53%.The business had revenue of C$139.50 million during the quarter. On average, research analysts anticipate that AirBoss of America Corp. will post 0.1012935 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
BOS has been the subject of a number of research reports. National Bank Financial lifted their price objective on AirBoss of America from C$5.00 to C$7.00 and gave the stock a "sector perform" rating in a research report on Friday, March 6th. TD Securities lifted their price objective on AirBoss of America from C$6.50 to C$8.00 and gave the stock a "buy" rating in a research report on Wednesday, March 25th. Finally, TD lifted their price objective on AirBoss of America from C$8.00 to C$9.00 and gave the stock a "buy" rating in a research report on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$8.00.
Read Our Latest Research Report on AirBoss of America
About AirBoss of America
(
Get Free Report)
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. The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts.
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