AirBoss of America (TSE:BOS) Sets New 1-Year Low – Here’s What Happened

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on BOS shares. TD Securities boosted their target price 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. CIBC dropped their price objective on shares of AirBoss of America from C$5.00 to C$4.00 in a report on Friday, November 8th.

AirBoss of America Trading Down 1.0 %

The stock has a market cap of C$103.37 million, a PE ratio of -1.41, a P/E/G 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 firm has a 50-day simple moving average of C$4.61 and a 200-day simple moving average of C$5.03.

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.