AirBoss of America (TSE:BOS) Hits New 12-Month High Following Analyst Upgrade

AirBoss of America Corp. (TSE:BOS) reached a new 52-week high 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 trading hands. The stock had previously closed at C$6.75.

Separately, TD Securities increased their price objective on AirBoss of America from C$6.00 to C$6.50 and gave the company a “buy” rating in a report on Friday, November 7th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, AirBoss of America has an average rating of “Hold” and an average price target of C$6.08.

AirBoss of America Stock Down 3.3%

The firm has a 50-day moving average of C$5.13 and a two-hundred day moving average of C$4.91. The firm has a market cap of C$177.28 million, a price-to-earnings ratio of -50.23, a PEG ratio of -550.53 and a beta of 1.58. The company has a current ratio of 1.83, a quick ratio of 1.07 and a debt-to-equity ratio of 83.76.

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.