AirBoss of America (TSE:BOS) Reaches New 52-Week High Following Analyst Upgrade

AirBoss of America Corp. (TSE:BOS)’s stock price reached a new 52-week high during mid-day trading on Monday after National Bank Financial raised their price target on the stock from C$5.00 to C$7.00. National Bank Financial currently has a sector perform rating on the stock. AirBoss of America traded as high as C$6.62 and last traded at C$6.45, with a volume of 20032 shares traded. The stock had previously closed at C$6.75.

Separately, TD Securities boosted their price objective on shares of AirBoss of America from C$6.00 to C$6.50 and gave the company a “buy” rating in a research note on Friday, November 7th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of C$6.08.

AirBoss of America Price Performance

The company has a current ratio of 1.83, a quick ratio of 1.07 and a debt-to-equity ratio of 83.76. The company has a market capitalization of C$175.38 million, a P/E ratio of -49.69, a P/E/G ratio of -550.53 and a beta of 1.58. The firm has a fifty day moving average of C$5.09 and a 200 day moving average of C$4.90.

AirBoss of America Company Profile

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.