AirBoss of America (TSE:BOS) Reaches New 1-Year Low – Should You Sell?

AirBoss of America Corp. (TSE:BOS)’s share price hit a new 52-week low on Tuesday . The stock traded as low as C$3.45 and last traded at C$3.70, with a volume of 10329 shares traded. The stock had previously closed at C$3.61.

Analyst Ratings Changes

BOS has been the topic of several research analyst reports. National Bankshares reduced 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 report on Tuesday, March 11th. CIBC dropped 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 report on Tuesday, March 11th. Finally, TD Securities decreased their price target on AirBoss of America from C$8.00 to C$7.00 and set a “buy” rating on the stock in a research note on Tuesday, March 18th.

AirBoss of America Price Performance

The company has a fifty day moving average price of C$3.84 and a two-hundred day moving average price of C$4.10. The firm has a market capitalization of C$68.22 million, a price-to-earnings ratio of -1.27, a P/E/G ratio of -550.53 and a beta of 2.05. The company has a quick ratio of 1.07, a current ratio of 2.23 and a debt-to-equity ratio of 95.38.

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.