AirBoss of America (OTCMKTS:ABSSF) Shares Cross Above 200-Day Moving Average – Time to Sell?

AirBoss of America Corp. (OTCMKTS:ABSSF)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.81 and traded as high as $5.25. AirBoss of America shares last traded at $4.9280, with a volume of 1,800 shares changing hands.

Analyst Upgrades and Downgrades

Separately, TD Securities restated a “buy” rating on shares of AirBoss of America in a research note on Friday, May 8th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

AirBoss of America Stock Performance

The stock’s 50 day simple moving average is $4.93 and its 200-day simple moving average is $4.81.

AirBoss of America Company Profile

AirBoss of America Corp. is a manufacturer specializing in custom-engineered rubber and polymer products for industrial, commercial and defense applications. The company operates two primary business segments: Rubber Solutions, which supplies proprietary compounds for tire retreading, specialty hoses and molded rubber goods; and Chemical Solutions, which produces performance chemicals used in oilfield, mining, agricultural and infrastructure markets.

Within its Rubber Solutions segment, AirBoss develops bespoke rubber formulations for automotive aftermarkets, off-road mining equipment, and industrial machinery applications.