Peter Grenville Schoch Buys 10,900 Shares of AirBoss of America Corp. (TSE:BOS) Stock

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch acquired 10,900 shares of AirBoss of America stock in a transaction dated Monday, December 16th. The stock was bought at an average price of C$3.80 per share, with a total value of C$41,420.00.

AirBoss of America Price Performance

Shares of AirBoss of America stock opened at C$3.80 on Tuesday. The company has a market capitalization of C$103.09 million, a price-to-earnings ratio of -1.39, a PEG ratio of -550.53 and a beta of 2.05. The company has a quick ratio of 1.07, a current ratio of 2.17 and a debt-to-equity ratio of 92.36. The stock’s 50-day simple moving average is C$4.35 and its 200-day simple moving average is C$4.90. AirBoss of America Corp. has a 52 week low of C$3.68 and a 52 week high of C$6.31.

Analyst Ratings Changes

Several analysts have issued reports on the company. Cibc World Mkts raised AirBoss of America from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 4th. 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 research note on Wednesday, September 11th. Finally, CIBC upgraded shares of AirBoss of America from an “underperform” rating to a “neutral” rating and raised their target price for the stock from C$4.00 to C$5.00 in a research note on Wednesday, December 4th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of C$6.19.

About AirBoss of America

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.