AirBoss of America Corp. (BOS:CA) Rises 7.42% for September 17

Equities Staff  |

September 17 was a positive day for AirBoss of America Corp. (BOS:CA) as its stock finished the day having gained 7.42% to hit a price of $8.40 a share. The company reached a market cap of 196.49 million and has 23.39 million shares outstanding. AirBoss of America Corp. is a component of the the S&P/TSX SmallCap Index.

11,644 shares changed hands over the course of the day as compared to an average volume of 12,650 over the last 30 days for AirBoss of America Corp..

AirBoss of America Corp is a Canada based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. Its activities are organized in the segments of Rubber Solutions, Engineered Products and Corporate. The Rubber Solutions segment includes manufacturing and distribution of rubber compounds and distribution of rubber compounding related chemicals. Engineered Products segment includes the manufacture and distribution of personal protection and safety products primarily for CBRN hazards and semi-finished rubber related products and includes the manufacture and distribution of anti-vibration and noise dampening automotive parts.. The company makes its home in Newmarket, ON, and is currently under the leadership of CEO P. Grenville Schoch.

AirBoss of America Corp. has hit a high of $12.90 and reached a low of $7.45 over its last year of trading. The stock’s 50-day SMA is now $8.36 and 200-day SMA is $8.55. As for its price valuations, the P/E ratio is at 14 and P/B is now 1.19.

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The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

To get more information on AirBoss of America Corp. and to follow the company’s latest updates, you can visit the company’s profile page here: BOS:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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