AirBoss of America Corp. (TSE:BOS) Senior Officer Christos Bitsakakis Acquires 5,100 Shares

AirBoss of America Corp. (TSE:BOS) Senior Officer Christos Bitsakakis acquired 5,100 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was purchased at an average price of C$3.85 per share, with a total value of C$19,635.00.

Christos Bitsakakis also recently made the following trade(s):

• On Tuesday, December 3rd, Christos Bitsakakis acquired 6,400 shares of AirBoss of America stock. The shares were purchased at an average cost of C$3.82 per share, for a total transaction of C$24,479.36.

AirBoss of America Stock Down 2.6 %

Shares of AirBoss of America stock opened at C$3.80 on Tuesday. The company has a debt-to-equity ratio of 92.36, a quick ratio of 1.07 and a current ratio of 2.17. AirBoss of America Corp. has a 52-week low of C$3.68 and a 52-week high of C$6.31. The company’s 50 day moving average price is C$4.35 and its 200-day moving average price is C$4.90. The stock has a market capitalization 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.

Wall Street Analyst Weigh In

A number of research analysts have commented 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. TD Securities increased 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 raised shares of AirBoss of America from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from C$4.00 to C$5.00 in a research note on Wednesday, December 4th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, AirBoss of America presently has a consensus rating of “Hold” and an average price target 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.