Wajax (WJXFF) Expected to Release Earnings on Thursday
by Danessa Lincoln · The Markets DailyWajax (OTCMKTS:WJXFF – Get Free Report) is expected to be posting its resultson Thursday, August 6th. Analysts expect the company to post earnings of $0.5930 per share and revenue of $387.24 million for the quarter.
Wajax Price Performance
Shares of WJXFF opened at $23.14 on Wednesday. Wajax has a 1-year low of $15.99 and a 1-year high of $25.45. The firm’s 50-day moving average price is $22.11 and its 200-day moving average price is $22.32.
Wall Street Analyst Weigh In
Separately, Scotiabank restated a “sector perform” rating on shares of Wajax in a report on Tuesday, April 28th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on Wajax
Wajax Company Profile
Wajax Inc, trading on the OTC Markets as WJXFF, is a Canadian distributor and service provider of industrial products, power systems and fluid power solutions. The company specializes in the sale, rental, repair and maintenance of equipment ranging from engines, pumps and compressors to welding and metal‐cutting systems, material handling equipment and precision tools. Its offerings also extend to aftermarket parts, technical support and customized system integration for customers across diverse sectors.
Founded in 1852 as the Hamilton Foundry & Steel Company, Wajax evolved through decades of growth and strategic acquisitions to become one of Canada’s leading industrial products distributors.