National Bankshares Has Lowered Expectations for AirBoss of America (TSE:BOS) Stock Price

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

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

AirBoss of America Stock Down 1.3 %

BOS opened at C$3.70 on Tuesday. AirBoss of America has a one year low of C$3.65 and a one year high of C$6.31. The company has a debt-to-equity ratio of 95.38, a quick ratio of 1.07 and a current ratio of 2.23. The stock’s fifty day moving average is C$3.99 and its 200-day moving average is C$4.28. The company has a market capitalization of C$67.31 million, a PE ratio of -1.25, a P/E/G ratio of -550.53 and a beta of 2.05.

Insider Transactions at AirBoss of America

In other AirBoss of America news, Director Peter Grenville Schoch purchased 10,900 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average cost of C$3.80 per share, with a total value of C$41,420.00. Insiders have purchased 20,000 shares of company stock valued at $76,451 over the last three months. Company insiders own 34.90% of the company’s stock.

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.