AirBoss of America (OTCMKTS:ABSSF) Share Price Passes Above 200-Day Moving Average of $15.73

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Shares of AirBoss of America Corp. (OTCMKTS:ABSSF) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $15.73 and traded as high as $31.98. AirBoss of America shares last traded at $31.98, with a volume of 160 shares trading hands.

ABSSF has been the topic of several analyst reports. Stifel Nicolaus lifted their target price on AirBoss of America from C$27.00 to C$50.00 and gave the company a “buy” rating in a research note on Wednesday, March 17th. TD Securities cut AirBoss of America from a “buy” rating to a “hold” rating in a report on Tuesday, March 30th. CIBC raised their price target on AirBoss of America from C$28.00 to C$30.00 and gave the company an “outperform” rating in a report on Thursday, March 11th. Finally, Canaccord Genuity lifted their price objective on AirBoss of America from C$29.00 to C$51.00 and gave the stock a “buy” rating in a report on Wednesday, March 17th.

The firm has a 50-day simple moving average of $22.62 and a two-hundred day simple moving average of $15.82.

About AirBoss of America (OTCMKTS:ABSSF)

AirBoss of America Corp., through its subsidiaries, develops, manufactures, and markets rubber-based products for automotive, heavy commercial, construction and infrastructure, oil and gas, and defense industries in Canada and the United States. The company operates through three segments: Rubber Solutions, AirBoss Defense Group, and Engineered Products.

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