AirBoss of America Corp. (TSE:BOS – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$6.58 and traded as high as C$7.25. AirBoss of America shares last traded at C$7.11, with a volume of 9,402 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, TD increased their target price on shares of AirBoss of America from C$9.00 to C$10.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, AirBoss of America presently has a consensus rating of “Moderate Buy” and a consensus target price of C$8.33.
View Our Latest Stock Report on AirBoss of America
AirBoss of America Stock Performance
AirBoss of America (TSE:BOS – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported C$0.11 EPS for the quarter. AirBoss of America had a negative net margin of 1.53% and a negative return on equity of 5.18%. The firm had revenue of C$147.05 million for the quarter. As a group, equities research analysts expect that AirBoss of America Corp. will post 0.1012935 EPS for the current year.
Insider Transactions at AirBoss of America
In related news, Director Peter Grenville Schoch purchased 10,000 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were acquired at an average price of C$6.76 per share, for a total transaction of C$67,600.00. Following the purchase, the director directly owned 4,943,077 shares in the company, valued at C$33,415,200.52. This trade represents a 0.20% increase in their ownership of the stock. In the last 90 days, insiders have acquired 37,000 shares of company stock valued at $266,850. Insiders own 34.90% of the company’s stock.
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.
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