AirBoss of America (TSE:BOS) Stock Passes Above Fifty Day Moving Average of $7.69

AirBoss of America Corp (TSE:BOS)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $7.69 and traded as high as $7.48. AirBoss of America shares last traded at $7.47, with a volume of 15,120 shares.

Separately, Cormark set a C$11.50 target price on AirBoss of America in a research report on Thursday, August 15th.

The company has a 50-day moving average of C$7.69 and a 200 day moving average of C$8.58. The company has a quick ratio of 1.63, a current ratio of 2.69 and a debt-to-equity ratio of 56.27. The firm has a market capitalization of $173.10 million and a PE ratio of 19.61.

AirBoss of America (TSE:BOS) last posted its earnings results on Tuesday, August 13th. The company reported C$0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.17 by C$0.02. The business had revenue of C$110.51 million for the quarter, compared to analysts’ expectations of C$117.32 million. As a group, equities analysts anticipate that AirBoss of America Corp will post 0.7599999 EPS for the current fiscal year.

AirBoss of America Company Profile (TSE:BOS)

AirBoss of America Corp., through its subsidiaries, develops, manufactures, and sells rubber-based products to the resource, military, automotive, and industrial markets primarily in Canada and the United States. The company operates through Rubber Solutions and Engineered Products segments. The Rubber Solutions segment is involved in the custom rubber compounding and supplying mixed rubber for use in mining, transportation, industrial rubber, military, automotive, conveyor belting, oil and gas, and other products; and distributes chemicals.

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