Shares of AirBoss of America Corp. (OTCMKTS:ABSSF – Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.92 and traded as high as $6.0720. AirBoss of America shares last traded at $6.05, with a volume of 9,555 shares.
Analysts Set New Price Targets
Separately, TD Securities reiterated a “buy” rating on shares of AirBoss of America in a research report on Friday, August 7th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.
Check Out Our Latest Stock Report on ABSSF
AirBoss of America Stock Up 1.5%
About AirBoss of America
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.
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