National Bankshares Cuts AirBoss of America (TSE:BOS) Price Target to C$5.00

AirBoss of America (TSE:BOS) had its price objective cut by equities research analysts at National Bankshares from C$5.75 to C$5.00 in a research note issued on Tuesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price target would suggest a potential upside of 35.14% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. CIBC dropped their price target on shares of AirBoss of America from C$5.00 to C$4.75 and set a “neutral” rating on the stock in a research note on Tuesday. Cibc World Mkts raised AirBoss of America from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 4th.

AirBoss of America Trading Down 3.1 %

BOS stock traded down C$0.12 during midday trading on Tuesday, hitting C$3.70. The company had a trading volume of 44,730 shares, compared to its average volume of 27,154. AirBoss of America has a 52 week low of C$3.65 and a 52 week high of C$6.31. The stock has a market cap of C$67.31 million, a price-to-earnings ratio of -1.25, a PEG ratio of -550.53 and a beta of 2.05. The company has a current ratio of 2.23, a quick ratio of 1.07 and a debt-to-equity ratio of 95.38. The stock’s 50 day moving average price is C$3.99 and its 200 day moving average price is C$4.29.

Insider Transactions at AirBoss of America

In other news, Director Peter Grenville Schoch bought 10,900 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was purchased at an average price of C$3.80 per share, for a total transaction of C$41,420.00. Over the last quarter, insiders have acquired 20,000 shares of company stock valued at $76,451. 34.90% of the stock is currently owned by corporate insiders.

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.