Shares of AirBoss of America Corp (TSE:BOS) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$11.47 and last traded at C$11.49, with a volume of 694 shares traded. The stock had previously closed at C$11.55.
A number of analysts have recently issued reports on the stock. CIBC reduced their price objective on shares of AirBoss of America from C$16.00 to C$14.00 in a research note on Thursday, September 20th. Cormark cut shares of AirBoss of America from a “buy” rating to a “market perform” rating and reduced their price objective for the stock from C$15.50 to C$14.50 in a research note on Wednesday, August 15th.
AirBoss of America (TSE:BOS) last announced its quarterly earnings data on Monday, August 13th. The company reported C$0.14 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.22 by C($0.08). The firm had revenue of C$105.57 million during the quarter, compared to analysts’ expectations of C$102.49 million. AirBoss of America had a return on equity of 9.88% and a net margin of 3.90%.
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, and other products; and distributes chemicals.
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