Insider Buying: AirBoss of America Corp. (TSE:BOS) Senior Officer Buys 3,200 Shares of Stock

AirBoss of America Corp. (TSE:BOS) Senior Officer Matthew Boccia acquired 3,200 shares of AirBoss of America stock in a transaction on Tuesday, December 31st. The shares were purchased at an average price of C$3.87 per share, with a total value of C$12,395.52.

AirBoss of America Trading Down 1.0 %

Shares of AirBoss of America stock opened at C$4.00 on Wednesday. AirBoss of America Corp. has a twelve month low of C$3.65 and a twelve month high of C$6.31. The company has a quick ratio of 1.07, a current ratio of 2.17 and a debt-to-equity ratio of 92.36. The business has a 50-day moving average price of C$4.00 and a 200-day moving average price of C$4.68. The firm has a market cap of C$108.52 million, a price-to-earnings ratio of -1.46, a PEG ratio of -550.53 and a beta of 2.05.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. CIBC upgraded shares of AirBoss of America from an “underperform” rating to a “neutral” rating and upped their target price for the company from C$4.00 to C$5.00 in a research note on Wednesday, December 4th. TD Securities raised their target price on shares of 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. Finally, Cibc World Mkts upgraded shares of AirBoss of America from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 4th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average 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.