AirBoss of America (TSE:BOS) Insider Purchases 1,750 Shares of Company Stock

AirBoss of America Corp. (TSE:BOS) insider Slawomir Figel acquired 1,750 shares of the stock in a transaction on Friday, November 6th. The shares were bought at an average price of C$6.57 per share, with a total value of C$11,497.50. Following the purchase, the insider directly owned 16,346 shares of the company’s stock, valued at C$107,393.22. The trade was a 11.99% increase in their position.

AirBoss of America Stock Up 2.0%

AirBoss of America stock traded up C$0.13 during mid-day trading on Friday, hitting C$6.50. The company had a trading volume of 35,455 shares, compared to its average volume of 19,937. AirBoss of America Corp. has a 12 month low of C$3.87 and a 12 month high of C$10.08. The company has a market capitalization of C$176.61 million, a PE ratio of -28.26, a price-to-earnings-growth ratio of -550.53 and a beta of 0.41. The stock’s 50 day moving average price is C$6.96 and its two-hundred day moving average price is C$6.83. The company has a current ratio of 1.72, a quick ratio of 1.07 and a debt-to-equity ratio of 73.78.

AirBoss of America (TSE:BOS) last released its earnings results on Wednesday, November 4th. The company reported C$0.07 EPS for the quarter. AirBoss of America had a negative return on equity of 5.06% and a negative net margin of 1.44%. The firm had revenue of C$140.50 million for the quarter. As a group, sell-side analysts anticipate that AirBoss of America Corp. will post 0.10 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BOS has been the topic of a number of analyst reports. TD upped their price target on shares of AirBoss of America from C$10.00 to C$11.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. National Bank Financial raised their price objective on shares of AirBoss of America from C$7.00 to C$8.00 and gave the company a “sector perform” rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$9.00.

AirBoss of America Company Profile

AirBoss of America is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber and polymer compounds and finished products that are designed to outperform in the most challenging environments. Founded in 1989, the company operates through two divisions. AirBoss Rubber Solutions is a North American custom rubber compounder with 500 million turn pounds of annual capacity. AirBoss Manufactured Products is a supplier of anti-vibration and rubber-molded solutions to the North American automotive market and other sectors, and also a global supplier of personal and respiratory protective equipment and technology for the defense, healthcare, medical and first responder communities, through its AirBoss Defense operations.