AirBoss of America (TSE:BOS) Director Peter Grenville Schoch Acquires 5,000 Shares of Stock

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch bought 5,000 shares of the stock in a transaction dated Wednesday, May 20th. The stock was bought at an average price of C$7.25 per share, with a total value of C$36,250.00. Following the acquisition, the director owned 85,000 shares in the company, valued at approximately C$616,250. This represents a 6.25% increase in their position.

Peter Grenville Schoch also recently made the following trade(s):

• On Thursday, May 14th, Peter Grenville Schoch purchased 20,000 shares of AirBoss of America stock. The shares were bought at an average price of C$7.46 per share, for a total transaction of C$149,200.00.

AirBoss of America Price Performance

Shares of BOS opened at C$7.06 on Friday. The company has a debt-to-equity ratio of 71.16, a current ratio of 1.68 and a quick ratio of 1.07. AirBoss of America Corp. has a 1-year low of C$3.87 and a 1-year high of C$10.08. The stock has a market cap of C$191.80 million, a PE ratio of -32.09, a price-to-earnings-growth ratio of -550.53 and a beta of 0.84. The firm has a fifty day moving average price of C$7.34 and a 200 day moving average price of C$5.68.

AirBoss of America (TSE:BOS) last posted its earnings results on Friday, March 20th. The company reported C$0.01 EPS for the quarter. AirBoss of America had a negative return on equity of 5.18% and a negative net margin of 1.53%.The business had revenue of C$139.50 million for the quarter. As a group, sell-side analysts anticipate that AirBoss of America Corp. will post 0.1012935 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BOS. TD boosted their price objective on AirBoss of America from C$8.00 to C$9.00 and gave the company a “buy” rating in a research note on Friday, May 8th. National Bank Financial lifted their target price on shares of AirBoss of America from C$5.00 to C$7.00 and gave the company a “sector perform” rating in a report on Friday, March 6th. Finally, TD Securities upped their price target on shares of AirBoss of America from C$6.50 to C$8.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, AirBoss of America currently has a consensus rating of “Moderate Buy” and a consensus price target of C$8.00.

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.