Peter Grenville Schoch Purchases 10,000 Shares of AirBoss of America (TSE:BOS) Stock

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch bought 10,000 shares of the stock in a transaction dated Friday, June 12th. The stock was purchased at an average price of C$6.76 per share, with a total value of C$67,600.00. Following the acquisition, the director owned 4,943,077 shares of the company’s stock, valued at C$33,415,200.52. The trade was a 0.20% increase in their ownership of the stock.

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

• On Wednesday, May 20th, Peter Grenville Schoch bought 5,000 shares of AirBoss of America stock. The shares were purchased at an average cost of C$7.25 per share, for a total transaction of C$36,250.00.
• On Thursday, May 14th, Peter Grenville Schoch bought 20,000 shares of AirBoss of America stock. The stock was acquired 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 opened at C$7.09 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.68 and a debt-to-equity ratio of 71.16. The firm has a market cap of C$192.61 million, a PE ratio of -32.23, a P/E/G ratio of -550.53 and a beta of 0.58. The business has a 50 day moving average of C$7.38 and a 200-day moving average of C$6.06. AirBoss of America Corp. has a 12-month low of C$3.87 and a 12-month high of C$10.08.

AirBoss of America (TSE:BOS) last released its earnings results on Wednesday, May 6th. The company reported C$0.11 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$147.05 million for the quarter. As a group, sell-side analysts expect that AirBoss of America Corp. will post 0.1012935 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. National Bank Financial boosted their target price on shares of AirBoss of America from C$5.00 to C$7.00 and gave the company a “sector perform” rating in a report on Friday, March 6th. TD boosted their price objective on AirBoss of America from C$9.00 to C$10.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Finally, TD Securities raised their target price on AirBoss of America from C$6.50 to C$8.00 and gave the stock a “buy” rating in a research note on Wednesday, March 25th. 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, AirBoss of America has a consensus rating of “Moderate Buy” and a consensus target price of C$8.33.

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.