Wajax (WJXFF) Projected to Post Earnings on Thursday

Wajax (OTCMKTS:WJXFF) is anticipated to announce 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 Stock Performance

Shares of WJXFF opened at $23.14 on Tuesday. The company’s fifty day moving average is $22.06 and its 200 day moving average is $22.30. Wajax has a fifty-two week low of $15.99 and a fifty-two week high of $25.45.

Analyst Ratings Changes

Separately, Scotiabank reissued a “sector perform” rating on shares of Wajax in a research note on Tuesday, April 28th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Wajax presently has a consensus rating of “Hold”.

About Wajax

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.