AirBoss of America (TSE:BOS) Hits New 12-Month Low – What’s Next?

AirBoss of America Corp. (TSE:BOS) reached a new 52-week low on Tuesday . The stock traded as low as C$3.45 and last traded at C$3.70, with a volume of 10329 shares. The stock had previously closed at C$3.61.

Analyst Ratings Changes

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

AirBoss of America Stock Up 1.8 %

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 firm’s 50-day simple moving average is C$3.84 and its 200 day simple moving average is C$4.08. The company has a market cap of C$73.49 million, a P/E ratio of -1.37, a PEG ratio of -550.53 and a beta of 2.05.

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.