AirBoss of America (TSE:BOS) Director Purchases C$36,250.00 in Stock

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch acquired 5,000 shares of the stock in a transaction on Wednesday, May 20th. The shares were purchased at an average price of C$7.25 per share, for a total transaction of C$36,250.00. Following the transaction, the director directly owned 85,000 shares in the company, valued at approximately C$616,250. This trade represents a 6.25% increase in their ownership of the stock.

Peter Grenville Schoch also recently made the following trade(s):

• On Thursday, May 14th, Peter Grenville Schoch acquired 20,000 shares of AirBoss of America stock. The shares were purchased at an average price of C$7.46 per share, for a total transaction of C$149,200.00.

AirBoss of America Stock Performance

BOS stock traded up C$0.04 during trading hours on Thursday, hitting C$7.20. 15,570 shares of the stock were exchanged, compared to its average volume of 24,063. The company has a current ratio of 1.68, a quick ratio of 1.07 and a debt-to-equity ratio of 71.16. AirBoss of America Corp. has a 12 month low of C$3.87 and a 12 month high of C$10.08. The firm has a market capitalization of C$195.60 million, a P/E ratio of -32.73, a P/E/G ratio of -550.53 and a beta of 0.84. The company has a 50-day simple moving average of C$7.33 and a two-hundred day simple moving average of C$5.66.

AirBoss of America (TSE:BOS) last issued its quarterly earnings results on Friday, March 20th. The company reported C$0.01 EPS for the quarter. AirBoss of America had a negative return on equity of 5.18% and a negative net margin of 1.53%.The company had revenue of C$139.50 million for the quarter. On average, analysts forecast that AirBoss of America Corp. will post 0.1012935 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on BOS shares. National Bank Financial raised their price target on AirBoss of America from C$5.00 to C$7.00 and gave the stock a “sector perform” rating in a research report on Friday, March 6th. TD Securities raised their price target on AirBoss of America from C$6.50 to C$8.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Finally, TD raised their price target on AirBoss of America from C$8.00 to C$9.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$8.00.

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.