AirBoss of America (OTCMKTS:ABSSF) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

AirBoss of America Corp. (OTCMKTS:ABSSFGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.34 and traded as high as $5.0101. AirBoss of America shares last traded at $4.85, with a volume of 11,202 shares.

Wall Street Analyst Weigh In

Separately, TD Securities reiterated a “buy” rating on shares of AirBoss of America in a research note on Friday, May 8th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, AirBoss of America presently has an average rating of “Moderate Buy”.

Get Our Latest Stock Report on ABSSF

AirBoss of America Trading Up 0.7%

The company’s fifty day moving average is $5.42 and its 200-day moving average is $4.37.

About AirBoss of America

(Get Free Report)

AirBoss of America Corp. is a manufacturer specializing in custom-engineered rubber and polymer products for industrial, commercial and defense applications. The company operates two primary business segments: Rubber Solutions, which supplies proprietary compounds for tire retreading, specialty hoses and molded rubber goods; and Chemical Solutions, which produces performance chemicals used in oilfield, mining, agricultural and infrastructure markets.

Within its Rubber Solutions segment, AirBoss develops bespoke rubber formulations for automotive aftermarkets, off-road mining equipment, and industrial machinery applications.

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