Wajax Co. (OTCMKTS:WJXFF – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $22.80 and traded as low as $22.32. Wajax shares last traded at $22.32, with a volume of 14,939 shares trading hands.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on WJXFF shares. Scotiabank reiterated a “sector perform” rating on shares of Wajax in a report on Thursday, October 15th. Stifel Nicolaus set a $45.00 price objective on shares of Wajax in a research report on Monday, September 28th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $45.00.
Read Our Latest Research Report on Wajax
Wajax Stock Down 10.0%
The firm has a fifty day simple moving average of $24.14 and a 200 day simple moving average of $22.80.
Wajax Company Profile
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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