Wajax (OTCMKTS:WJXFF) Trading 1.5% Higher – Should You Buy?

Wajax Co. (OTCMKTS:WJXFF)’s share price traded up 1.5% during mid-day trading on Tuesday . The stock traded as high as $19.22 and last traded at $19.22. 100 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 2,004 shares. The stock had previously closed at $18.9325.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on WJXFF shares. National Bankshares reissued a “sector perform” rating on shares of Wajax in a report on Tuesday, November 4th. TD Securities reiterated a “hold” rating on shares of Wajax in a research report on Monday, August 11th. Finally, Scotiabank reissued a “sector perform” rating on shares of Wajax in a research note on Wednesday, November 5th. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Wajax Price Performance

The company has a fifty day simple moving average of $17.55 and a 200-day simple moving average of $17.02.

Wajax Company Profile

Wajax Corporation provides equipment, parts, and services to construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. The company offers compact excavators, dump trucks, excavators, wheel loaders, and wheeled excavators; aerial devices, boom lifts, cranes, digger derricks, drills, lifts, and material and scissor lifts; marine, off and on highway engines, and transmissions; and feller bunchers, felling heads, flail debarkers, forwarders, grinders, harvesting heads, log loaders, mulchers, skidders, track and wheel harvesters, and woodchippers.