AirBoss of America (TSE:BOS) Sets New 52-Week High – What’s Next?

AirBoss of America Corp. (TSE:BOS)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$5.75 and last traded at C$5.80, with a volume of 20352 shares changing hands. The stock had previously closed at C$5.46.

Analysts Set New Price Targets

Separately, TD Securities upped their target price on AirBoss of America from C$6.00 to C$6.50 and gave the stock a “buy” rating in a report on Friday, November 7th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of C$5.42.

AirBoss of America Stock Up 8.1%

The company’s fifty day simple moving average is C$4.79 and its 200-day simple moving average is C$4.84. The firm has a market capitalization of C$160.18 million, a PE ratio of -45.38, a price-to-earnings-growth ratio of -550.53 and a beta of 1.20. The company has a debt-to-equity ratio of 95.38, a current ratio of 2.23 and a quick ratio of 1.07.

AirBoss of America Company Profile

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.