AirBoss of America (TSE:BOS) Director Purchases C$67,600.00 in Stock

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch bought 10,000 shares of the business’s stock in a transaction on Friday, June 12th. The stock was purchased at an average price of C$6.76 per share, with a total value of C$67,600.00. Following the completion of the transaction, the director directly owned 4,943,077 shares of the company’s stock, valued at C$33,415,200.52. This trade represents a 0.20% increase in their ownership of the stock.

Peter Grenville Schoch also recently made the following trade(s):

• On Wednesday, May 20th, Peter Grenville Schoch bought 5,000 shares of AirBoss of America stock. The stock was purchased at an average price of C$7.25 per share, with a total value of C$36,250.00.
• On Thursday, May 14th, Peter Grenville Schoch purchased 20,000 shares of AirBoss of America stock. The stock was acquired at an average price of C$7.46 per share, for a total transaction of C$149,200.00.

AirBoss of America Stock Performance

AirBoss of America stock opened at C$7.09 on Thursday. The company has a debt-to-equity ratio of 71.16, a quick ratio of 1.07 and a current ratio of 1.68. The firm has a market cap of C$192.61 million, a price-to-earnings ratio of -32.23, a price-to-earnings-growth ratio of -550.53 and a beta of 0.58. AirBoss of America Corp. has a 1 year low of C$3.87 and a 1 year high of C$10.08. The firm’s 50 day moving average price is C$7.34 and its two-hundred day moving average price is C$6.08.

AirBoss of America (TSE:BOS) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.11 EPS for the quarter. AirBoss of America had a negative return on equity of 5.18% and a negative net margin of 1.53%.The company had revenue of C$147.05 million during the quarter. On average, research analysts predict that AirBoss of America Corp. will post 0.1012935 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on BOS shares. TD Securities increased their price objective on AirBoss of America from C$6.50 to C$8.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. TD increased their price objective on AirBoss of America from C$9.00 to C$10.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Finally, National Bank Financial increased their price objective on AirBoss of America from C$5.00 to C$7.00 and gave the company a “sector perform” rating in a research report on Friday, March 6th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, AirBoss of America presently has a consensus rating of “Moderate Buy” and an average price target of C$8.33.

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. The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts.