Insider Buying: AirBoss of America Corp. (TSE:BOS) Director Purchases C$18,951.00 in Stock

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch acquired 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 26th. The shares were bought at an average price of C$3.79 per share, with a total value of C$18,951.00.

AirBoss of America Stock Up 5.0 %

TSE BOS opened at C$3.96 on Friday. The company has a current ratio of 2.23, a quick ratio of 1.07 and a debt-to-equity ratio of 95.38. The stock has a market cap of C$72.04 million, a PE ratio of -1.34, a P/E/G ratio of -550.53 and a beta of 2.05. The stock’s 50 day moving average is C$3.93 and its 200 day moving average is C$4.24. AirBoss of America Corp. has a 12 month low of C$3.64 and a 12 month high of C$6.31.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BOS. CIBC lowered their price target on shares of AirBoss of America from C$5.00 to C$4.75 and set a “neutral” rating on the stock in a report on Tuesday, March 11th. National Bankshares reduced their target price on shares of AirBoss of America from C$5.75 to C$5.00 and set a “sector perform” rating for the company in a research note on Tuesday, March 11th. Cibc World Mkts upgraded AirBoss of America from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 4th. Finally, TD Securities reduced their target price on AirBoss of America from C$8.00 to C$7.00 and set a “buy” rating for the company in a research report on Tuesday, March 18th.

About AirBoss of America

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.