AirBoss of America (OTCMKTS:ABSSF) Share Price Passes Above 200 Day Moving Average – Here’s Why

AirBoss of America Corp. (OTCMKTS:ABSSFGet Free Report)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.17 and traded as high as $5.3750. AirBoss of America shares last traded at $5.3750, with a volume of 615 shares.

Analysts Set New Price Targets

Separately, TD Securities reissued a “buy” rating on shares of AirBoss of America in a report on Friday, August 7th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Read Our Latest Analysis on AirBoss of America

AirBoss of America Stock Performance

The company’s 50 day simple moving average is $5.23 and its two-hundred day simple moving average is $5.17.

AirBoss of America Company Profile

(Get Free Report)

AirBoss of America Corp. is a manufacturer specializing in custom-engineered rubber and polymer products for industrial, commercial and defense applications. The company operates two primary business segments: Rubber Solutions, which supplies proprietary compounds for tire retreading, specialty hoses and molded rubber goods; and Chemical Solutions, which produces performance chemicals used in oilfield, mining, agricultural and infrastructure markets.

Within its Rubber Solutions segment, AirBoss develops bespoke rubber formulations for automotive aftermarkets, off-road mining equipment, and industrial machinery applications.

Further Reading

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