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

AirBoss of America Corp. (TSE:BOS) Director Peter Grenville Schoch acquired 2,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was acquired at an average price of C$6.90 per share, with a total value of C$13,800.00. Following the acquisition, the director owned 87,000 shares in the company, 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 bought 10,000 shares of AirBoss of America stock. The shares were bought at an average price of C$6.76 per share, for a total transaction of C$67,600.00.
• On Wednesday, May 20th, Peter Grenville Schoch purchased 5,000 shares of AirBoss of America stock. The stock was bought at an average price of C$7.25 per share, with a total value of C$36,250.00.
• On Thursday, May 14th, Peter Grenville Schoch purchased 20,000 shares of AirBoss of America stock. The stock was bought at an average price of C$7.46 per share, with a total value of C$149,200.00.

AirBoss of America Price Performance

TSE:BOS opened at C$6.70 on Thursday. 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 quick ratio of 1.07 and a current ratio of 1.68. The stock has a market cap of C$182.02 million, a PE ratio of -30.45, a P/E/G ratio of -550.53 and a beta of 0.58. The stock has a 50 day moving average price of C$7.22 and a 200 day moving average price of C$6.18.

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. TD boosted their price target on shares of 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. TD Securities raised their price objective on shares of AirBoss of America from C$6.50 to C$8.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Finally, National Bank Financial lifted their target price on shares of AirBoss of America from C$5.00 to C$7.00 and gave the stock 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, AirBoss of America currently has a consensus rating of “Moderate Buy” and an average target price 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.