Wajax Co. (OTCMKTS:WJXFF – Get Free Report) shares passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $24.41 and traded as high as $24.73. Wajax shares last traded at $24.70, with a volume of 23,084 shares trading hands.
Analyst Ratings Changes
A number of research firms recently commented on WJXFF. Scotiabank restated a “sector perform” rating on shares of Wajax in a research report on Thursday, October 15th. Stifel Nicolaus set a $45.00 target price on Wajax in a report on Monday, September 28th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, Wajax has an average rating of “Hold” and a consensus price target of $45.00.
Get Our Latest Stock Report on Wajax
Wajax Stock Up 1.6%
The stock’s 50 day simple moving average is $24.54 and its two-hundred day simple moving average is $22.95.
About Wajax
Wajax Corporation is a Canadian industrial products and services company that supplies equipment, components and technical solutions to customers across a range of industrial sectors. Its offerings support applications involving power generation, material handling, mobile equipment, fluid handling, process systems and industrial machinery. The company distributes products such as engines, transmissions, generators, hydraulic and pneumatic components, bearings, power-transmission equipment, automation systems and other industrial parts.
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