Wajax (WJXFF) Expected to Announce Earnings on Monday

Wajax (OTCMKTS:WJXFF) is projected to issue its results before the market opens on Monday, March 2nd. Analysts expect the company to announce earnings of $0.4879 per share and revenue of $393.7670 million for the quarter.

Wajax Price Performance

Shares of OTCMKTS:WJXFF opened at $23.22 on Friday. Wajax has a one year low of $11.15 and a one year high of $23.22. The company has a 50-day simple moving average of $20.93 and a 200-day simple moving average of $19.03.

Wall Street Analyst Weigh In

Several analysts have commented on WJXFF shares. Scotiabank reaffirmed a “sector perform” rating on shares of Wajax in a research note on Thursday, January 29th. National Bank Financial reissued a “sector perform” rating on shares of Wajax in a report on Tuesday, November 4th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average 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.