AirBoss of America (TSE:BOS) Stock Passes Below 200-Day Moving Average – Time to Sell?

AirBoss of America Corp. (TSE:BOS)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.05 and traded as low as C$3.94. AirBoss of America shares last traded at C$3.94, with a volume of 8,204 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BOS. National Bankshares decreased their price objective on shares of AirBoss of America from C$5.75 to C$5.00 and set a “sector perform” rating on the stock in a research report on Tuesday, March 11th. CIBC cut their target price on shares of AirBoss of America from C$5.00 to C$4.75 and set a “neutral” rating for the company in a research report on Tuesday, March 11th. Finally, TD Securities dropped their price target on AirBoss of America from C$8.00 to C$7.00 and set a “buy” rating for the company in a research note on Tuesday, March 18th.

AirBoss of America Price Performance

The firm’s 50 day simple moving average is C$3.84 and its two-hundred day simple moving average is C$4.05. The company has a debt-to-equity ratio of 95.38, a current ratio of 2.23 and a quick ratio of 1.07. The firm has a market capitalization of C$71.67 million, a P/E ratio of -1.33, a P/E/G ratio of -550.53 and a beta of 2.05.

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.