Peter Grenville Schoch Purchases 5,000 Shares of AirBoss of America (TSE:BOS) Stock

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch acquired 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were bought at an average cost of C$7.25 per share, with a total value of C$36,250.00. Following the completion of the purchase, the director owned 85,000 shares of the company’s stock, valued at C$616,250. This trade represents a 6.25% increase in their ownership of the stock.

Peter Grenville Schoch also recently made the following trade(s):

• On Thursday, May 14th, Peter Grenville Schoch bought 20,000 shares of AirBoss of America stock. The stock was acquired at an average cost of C$7.46 per share, with a total value of C$149,200.00.

AirBoss of America Stock Down 0.6%

TSE:BOS opened at C$7.02 on Friday. AirBoss of America Corp. has a 1 year low of C$3.87 and a 1 year high of C$10.08. The company has a current ratio of 1.68, a quick ratio of 1.07 and a debt-to-equity ratio of 71.16. The stock has a market cap of C$190.71 million, a price-to-earnings ratio of -31.91, a PEG ratio of -550.53 and a beta of 0.84. The stock has a 50-day moving average price of C$7.35 and a two-hundred day moving average price of C$5.69.

AirBoss of America (TSE:BOS) last posted its earnings results on Friday, March 20th. The company reported C$0.01 earnings per share (EPS) for the quarter. AirBoss of America had a negative return on equity of 5.18% and a negative net margin of 1.53%.The firm had revenue of C$139.50 million during the quarter. As a group, equities analysts expect that AirBoss of America Corp. will post 0.1012935 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. TD Securities boosted their target price on AirBoss of America from C$6.50 to C$8.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. TD boosted their target price on AirBoss of America from C$8.00 to C$9.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, National Bank Financial boosted their target price on AirBoss of America from C$5.00 to C$7.00 and gave the company a “sector perform” rating in a research note on Friday, March 6th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$8.00.

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.