AirBoss of America (TSE:BOS) Stock: Insider Slawomir Figel Buys 1,750 Shares

AirBoss of America Corp. (TSE:BOS) insider Slawomir Figel purchased 1,750 shares of the business’s stock in a transaction that occurred on Friday, November 6th. The stock was bought at an average price of C$6.57 per share, for a total transaction of C$11,497.50. Following the acquisition, the insider owned 16,346 shares of the company’s stock, valued at C$107,393.22. This represents a 11.99% increase in their ownership of the stock.

AirBoss of America Trading Up 2.0%

AirBoss of America stock traded up C$0.13 during mid-day trading on Friday, reaching C$6.50. 35,455 shares of the company traded hands, compared to its average volume of 19,937. The company has a debt-to-equity ratio of 73.78, a current ratio of 1.72 and a quick ratio of 1.07. The firm’s 50 day moving average price is C$6.96 and its 200 day moving average price is C$6.83. The firm has a market capitalization of C$176.61 million, a price-to-earnings ratio of -28.26, a P/E/G ratio of -550.53 and a beta of 0.41. AirBoss of America Corp. has a 52-week low of C$3.87 and a 52-week high of C$10.08.

AirBoss of America (TSE:BOS) last issued its quarterly earnings data on Wednesday, November 4th. The company reported C$0.07 EPS for the quarter. The business had revenue of C$140.50 million during the quarter. AirBoss of America had a negative net margin of 1.44% and a negative return on equity of 5.06%. On average, analysts anticipate that AirBoss of America Corp. will post 0.10 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. National Bank Financial boosted their target price on shares of AirBoss of America from C$7.00 to C$8.00 and gave the company a “sector perform” rating in a report on Monday, August 10th. TD increased their price target on shares of AirBoss of America from C$10.00 to C$11.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$9.00.

About AirBoss of America

AirBoss of America is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber and polymer compounds and finished products that are designed to outperform in the most challenging environments. Founded in 1989, the company operates through two divisions. AirBoss Rubber Solutions is a North American custom rubber compounder with 500 million turn pounds of annual capacity. AirBoss Manufactured Products is a supplier of anti-vibration and rubber-molded solutions to the North American automotive market and other sectors, and also a global supplier of personal and respiratory protective equipment and technology for the defense, healthcare, medical and first responder communities, through its AirBoss Defense operations.