AirBoss of America (BOS) Reaches New 52-Week Low at $11.57
AirBoss of America Corp (TSE:BOS)’s share price hit a new 52-week low on Monday . The stock traded as low as C$11.57 and last traded at C$11.59, with a volume of 1519 shares. The stock had previously closed at C$11.68.
Several equities research analysts have recently commented on BOS shares. CIBC increased their price objective on AirBoss of America from C$13.00 to C$16.00 in a report on Wednesday, May 23rd. Cormark downgraded AirBoss of America from a “buy” rating to a “market perform” rating and cut their price objective for the company from C$15.50 to C$14.50 in a report on Wednesday, August 15th.
AirBoss of America (TSE:BOS) last released its quarterly earnings data on Monday, August 13th. The company reported C$0.14 EPS for the quarter, missing the consensus estimate of C$0.22 by C($0.08). The company had revenue of C$105.57 million during the quarter, compared to analyst estimates of C$102.49 million. AirBoss of America had a net margin of 3.90% and a return on equity of 9.88%.
About AirBoss of America (TSE:BOS)
AirBoss of America Corp., through its subsidiaries, develops, manufactures, and sells rubber-based products to the resource, military, automotive, and industrial markets primarily in Canada and the United States. The company operates through: Rubber Solutions and Engineered Products segments. The Rubber Solutions segment is involved in the custom rubber compounding and supplying mixed rubber for use in mining, transportation, industrial rubber, military, automotive, conveyor belting, and other products; and distributes chemicals.
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