Insider Buying: AirBoss of America Corp. (TSE:BOS) Senior Officer Acquires 6,400 Shares of Stock

AirBoss of America Corp. (TSE:BOS) Senior Officer Christos Bitsakakis acquired 6,400 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The shares were bought at an average cost of C$3.82 per share, with a total value of C$24,479.36.

AirBoss of America Trading Down 1.6 %

Shares of AirBoss of America stock traded down C$0.06 on Tuesday, reaching C$3.75. 95,121 shares of the company were exchanged, compared to its average volume of 22,552. The stock has a fifty day moving average price of C$4.58 and a 200-day moving average price of C$5.02. The company has a current ratio of 2.17, a quick ratio of 1.07 and a debt-to-equity ratio of 92.36. AirBoss of America Corp. has a fifty-two week low of C$3.68 and a fifty-two week high of C$6.31. The firm has a market capitalization of C$101.74 million, a price-to-earnings ratio of -1.39, a price-to-earnings-growth ratio of -550.53 and a beta of 2.05.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BOS. CIBC cut their price target on AirBoss of America from C$5.00 to C$4.00 in a report on Friday, November 8th. TD Securities raised their price target on 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.

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.