Insider Buying: AirBoss of America Corp. (TSE:BOS) Director Buys 10,900 Shares of Stock

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch purchased 10,900 shares of the business’s stock in a transaction dated 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 Performance

BOS stock traded down C$0.10 on Monday, hitting C$3.80. The company had a trading volume of 33,750 shares, compared to its average volume of 22,860. The stock has a market cap of C$103.09 million, a price-to-earnings ratio of -1.39, a P/E/G ratio of -550.53 and a beta of 2.05. 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 stock’s 50-day simple moving average is C$4.38 and its 200 day simple moving average is C$4.91. AirBoss of America Corp. has a 12-month low of C$3.68 and a 12-month high of C$6.31.

Wall Street Analyst Weigh In

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