AirBoss of America (OTCMKTS:ABSSF) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

AirBoss of America Corp. (OTCMKTS:ABSSF)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $4.50 and traded as high as $4.8760. AirBoss of America shares last traded at $4.8760, with a volume of 1,100 shares changing hands.

Analyst Ratings Changes

Separately, TD Securities restated a “buy” rating on shares of AirBoss of America in a research report on Friday, May 8th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, AirBoss of America presently has an average rating of “Moderate Buy”.

AirBoss of America Stock Performance

The company has a 50-day moving average of $5.23 and a two-hundred day moving average of $4.50.

About AirBoss of America

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.