Wajax (WJXFF) Projected to Post Earnings on Monday

Wajax (OTCMKTS:WJXFF) is expected to be announcing its results after the market closes on Monday, November 2nd. Analysts expect the company to post earnings of $0.5450 per share and revenue of $353.69 million for the quarter.

Wajax Stock Performance

Shares of OTCMKTS:WJXFF opened at $25.97 on Monday. The stock’s fifty day simple moving average is $23.69 and its two-hundred day simple moving average is $22.79. Wajax has a 1-year low of $16.53 and a 1-year high of $27.79.

Analyst Ratings Changes

WJXFF has been the subject of several recent analyst reports. Stifel Nicolaus set a $45.00 target price on shares of Wajax in a research note on Monday, September 28th. Scotiabank reiterated a “sector perform” rating on shares of Wajax in a report on Thursday, October 15th. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $45.00.

About Wajax

Wajax Corporation is a Canadian industrial products and services company that supplies equipment, parts and technical support to customers across a range of industries. Its offerings include mobile equipment, power-generation and engine systems, industrial components, and related replacement parts.

The company also provides value-added services such as equipment repair, maintenance, field service, engineering, fabrication and other technical solutions. Wajax serves customers in sectors including natural resources, construction, utilities, manufacturing, transportation and municipal infrastructure.

Founded in 1858, Wajax has grown into a nationwide industrial distribution and service organization with operations serving customers throughout Canada.