AirBoss of America (TSE:BOS) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

AirBoss of America Corp. (TSE:BOS) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$5.15 and traded as low as C$4.22. AirBoss of America shares last traded at C$4.30, with a volume of 21,902 shares traded.

Analyst Ratings Changes

BOS has been the topic of several research analyst reports. CIBC lowered their price objective on AirBoss of America from C$5.00 to C$4.00 in a report on Friday, November 8th. TD Securities boosted their price target on shares of AirBoss of America from C$7.00 to C$8.00 and gave the stock a “buy” rating in a research report on Wednesday, September 11th.

AirBoss of America Price Performance

The stock has a fifty day simple moving average of C$4.81 and a 200-day simple moving average of C$5.15. The company has a current ratio of 2.17, a quick ratio of 1.07 and a debt-to-equity ratio of 92.36. The company has a market capitalization of C$116.66 million, a PE ratio of -1.57, a P/E/G ratio of -550.53 and a beta of 2.05.

About AirBoss of America

AirBoss of America Corp., together with its subsidiaries, manufactures and sells rubber-based products in Canada, the United States, and internationally. It operates through AirBoss Rubber Solutions and AirBoss Manufactured Products segments. The AirBoss Rubber Solutions segment involves in the manufacture and distribution of rubber compounds and rubber compounding related chemicals for various application in automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas industries.