Wajax (OTCMKTS:WJXFF) Trading 0.3% Higher – Time to Buy?

Wajax Co. (OTCMKTS:WJXFF)’s share price traded up 0.3% during trading on Friday . The stock traded as high as $20.43 and last traded at $20.43. 2,151 shares traded hands during trading, an increase of 83% from the average session volume of 1,176 shares. The stock had previously closed at $20.36.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. National Bankshares reiterated a “sector perform” rating on shares of Wajax in a research report on Tuesday, November 4th. Scotiabank restated a “sector perform” rating on shares of Wajax in a research report on Wednesday, November 5th. Four analysts have rated the stock with a Hold rating, According to MarketBeat, Wajax has an average rating of “Hold”.

Wajax Stock Up 0.3%

The stock has a fifty day moving average price of $20.03 and a 200-day moving average price of $18.21.

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.