Peter Grenville Schoch Buys 2,000 Shares of AirBoss of America (TSE:BOS) Stock

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch purchased 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were acquired at an average cost of C$6.90 per share, with a total value of C$13,800.00. Following the completion of the transaction, the director directly owned 87,000 shares of the company’s stock, valued at C$600,300. The trade was a 2.35% increase in their position.

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

• On Friday, June 12th, Peter Grenville Schoch acquired 10,000 shares of AirBoss of America stock. The stock was bought at an average cost of C$6.76 per share, for a total transaction of C$67,600.00.
• On Wednesday, May 20th, Peter Grenville Schoch acquired 5,000 shares of AirBoss of America stock. The stock was purchased at an average price of C$7.25 per share, for a total transaction of C$36,250.00.
• On Thursday, May 14th, Peter Grenville Schoch acquired 20,000 shares of AirBoss of America stock. The shares were purchased at an average cost of C$7.46 per share, with a total value of C$149,200.00.

AirBoss of America Stock Up 3.4%

Shares of TSE BOS opened at C$6.93 on Friday. AirBoss of America Corp. has a one year low of C$3.87 and a one year high of C$10.08. The company has a debt-to-equity ratio of 71.16, a current ratio of 1.68 and a quick ratio of 1.07. The business’s fifty day moving average price is C$7.21 and its 200-day moving average price is C$6.20. The stock has a market capitalization of C$188.27 million, a PE ratio of -31.50, a P/E/G ratio of -550.53 and a beta of 0.58.

AirBoss of America (TSE:BOS) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.11 earnings per share for the quarter. The company had revenue of C$147.05 million during the quarter. AirBoss of America had a negative return on equity of 5.18% and a negative net margin of 1.53%. On average, equities research analysts anticipate that AirBoss of America Corp. will post 0.1012935 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. National Bank Financial lifted their price objective on shares of 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. TD Securities raised their price target on AirBoss of America from C$6.50 to C$8.00 and gave the stock a “buy” rating in a report on Wednesday, March 25th. Finally, TD lifted their price target on AirBoss of America from C$9.00 to C$10.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$8.33.

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.