AirBoss of America (TSE:BOS) Reaches New 12-Month Low – Here’s What Happened

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

Analyst Upgrades and Downgrades

BOS has been the subject of several recent research reports. CIBC dropped their price target on 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. National Bankshares lowered their target price on shares of AirBoss of America from C$5.75 to C$5.00 and set a “sector perform” rating for the company in a research note on Tuesday, March 11th. Finally, TD Securities dropped their price objective on shares of 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 Stock Performance

The stock has a fifty day simple moving average of C$3.84 and a two-hundred day simple moving average of C$4.10. The company has a debt-to-equity ratio of 95.38, a quick ratio of 1.07 and a current ratio of 2.23. The stock has a market cap of C$68.22 million, a PE ratio of -1.27, a PEG ratio of -550.53 and a beta of 2.05.

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.