AirBoss of America (TSE:BOS) Reaches New 1-Year Low – Here’s What Happened

AirBoss of America Corp. (TSE:BOS)’s stock price hit a new 52-week low on Thursday . The stock traded as low as C$3.65 and last traded at C$3.69, with a volume of 11742 shares. The stock had previously closed at C$3.75.

Analyst Ratings Changes

BOS has been the topic of a number of recent analyst reports. TD Securities dropped their target price 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. CIBC dropped their price objective on AirBoss of America from C$5.00 to C$4.75 and set a “neutral” rating on the stock in a report on Tuesday, March 11th. National Bankshares reduced 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 report on Tuesday, March 11th. Finally, Cibc World Mkts upgraded AirBoss of America from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 4th.

AirBoss of America Price Performance

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 company has a market capitalization of C$66.40 million, a PE ratio of -1.24, a P/E/G ratio of -550.53 and a beta of 2.05. The company’s 50-day simple moving average is C$3.92 and its 200-day simple moving average is C$4.23.

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.