AirBoss of America (TSE:BOS) Shares Cross Below 200 Day Moving Average – What’s Next?

Shares of AirBoss of America Corp. (TSE:BOS) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.26 and traded as low as C$3.75. AirBoss of America shares last traded at C$3.79, with a volume of 2,642 shares traded.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on BOS. Cibc World Mkts upgraded shares of AirBoss of America from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 4th. CIBC decreased their price target on shares of AirBoss of America from C$5.00 to C$4.75 and set a “neutral” rating for the company in a research note on Tuesday, March 11th. TD Securities cut their price objective on shares of AirBoss of America from C$8.00 to C$7.00 and set a “buy” rating on the stock in a research report on Tuesday, March 18th. Finally, National Bankshares decreased their target price on AirBoss of America from C$5.75 to C$5.00 and set a “sector perform” rating for the company in a research report on Tuesday, March 11th.

AirBoss of America Stock Performance

The stock has a market cap of C$68.58 million, a price-to-earnings ratio of -1.28, a P/E/G ratio of -550.53 and a beta of 2.05. The company’s fifty day simple moving average is C$3.94 and its two-hundred day simple moving average is C$4.24. 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.