AirBoss of America (TSE:BOS) Reaches New 1-Year Low – What’s Next?

AirBoss of America Corp. (TSE:BOS) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$3.68 and last traded at C$3.78, with a volume of 54303 shares trading hands. The stock had previously closed at C$3.85.

Analysts Set New Price Targets

A number of brokerages recently commented on BOS. CIBC decreased their target price on AirBoss of America from C$5.00 to C$4.00 in a research report on Friday, November 8th. TD Securities boosted their price objective on AirBoss of America from C$7.00 to C$8.00 and gave the company a “buy” rating in a report on Wednesday, September 11th.

AirBoss of America Price Performance

The firm has a market cap of C$103.37 million, a P/E ratio of -1.41, a P/E/G ratio of -550.53 and a beta of 2.05. The company has a fifty day moving average of C$4.61 and a 200-day moving average of C$5.03. The company has a debt-to-equity ratio of 92.36, a current ratio of 2.17 and a quick ratio of 1.07.

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.