AirBoss of America (TSE:BOS) Hits New 12-Month High – Should You Buy?

AirBoss of America Corp. (TSE:BOS)’s share price reached a new 52-week high on Monday . The stock traded as high as C$6.22 and last traded at C$6.05, with a volume of 14086 shares trading hands. The stock had previously closed at C$6.10.

Analyst Upgrades and Downgrades

Separately, TD Securities lifted their target price on AirBoss of America from C$6.00 to C$6.50 and gave the company a “buy” rating in a research report on Friday, November 7th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of C$5.42.

AirBoss of America Price Performance

The firm has a market capitalization of C$165.34 million, a PE ratio of -46.85, a P/E/G ratio of -550.53 and a beta of 1.20. The company has a debt-to-equity ratio of 83.76, a quick ratio of 1.07 and a current ratio of 1.83. The stock has a fifty day moving average price of C$4.97 and a 200-day moving average price of C$4.87.

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. The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts.