Peter Grenville Schoch Acquires 5,000 Shares of AirBoss of America Corp. (TSE:BOS) Stock

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch bought 5,000 shares of AirBoss of America stock in a transaction dated Wednesday, March 26th. The shares were acquired at an average price of C$3.79 per share, with a total value of C$18,951.00.

AirBoss of America Price Performance

BOS stock traded down C$0.05 during midday trading on Thursday, reaching C$3.74. 13,141 shares of the stock were exchanged, compared to its average volume of 25,968. The company has a fifty day moving average price of C$3.94 and a 200 day moving average price of C$4.25. The company has a debt-to-equity ratio of 95.38, a current ratio of 2.23 and a quick ratio of 1.07. AirBoss of America Corp. has a 52 week low of C$3.64 and a 52 week high of C$6.31. The stock has a market capitalization of C$68.04 million, a PE ratio of -1.27, a P/E/G ratio of -550.53 and a beta of 2.05.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. CIBC lowered their target price on shares of AirBoss of America from C$5.00 to C$4.75 and set a “neutral” rating on the stock in a report on Tuesday, March 11th. 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. National Bankshares lowered their price objective on shares of AirBoss of America from C$5.75 to C$5.00 and set a “sector perform” rating for the company in a research report on Tuesday, March 11th. Finally, TD Securities reduced their target price on AirBoss of America from C$8.00 to C$7.00 and set a “buy” rating on the stock in a report on Tuesday, March 18th.

AirBoss of America Company Profile

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.