Wajax (OTCMKTS:WJXFF) Stock Price Down 0.7% – Time to Sell?

Wajax Co. (OTCMKTS:WJXFF) fell 0.7% during trading on Wednesday . The stock traded as low as $16.60 and last traded at $16.60. 655 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 2,421 shares. The stock had previously closed at $16.71.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Scotiabank restated a “sector perform” rating on shares of Wajax in a research report on Wednesday, May 7th. TD Securities restated a “hold” rating on shares of Wajax in a research report on Monday, August 11th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Wajax in a research report on Tuesday, May 6th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Wajax has an average rating of “Hold”.

Wajax Price Performance

The business has a 50 day simple moving average of $16.80 and a 200 day simple moving average of $14.90.

Wajax Company Profile

Wajax Corporation provides equipment, parts, and services to construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. The company offers compact excavators, dump trucks, excavators, wheel loaders, and wheeled excavators; aerial devices, boom lifts, cranes, digger derricks, drills, lifts, and material and scissor lifts; marine, off and on highway engines, and transmissions; and feller bunchers, felling heads, flail debarkers, forwarders, grinders, harvesting heads, log loaders, mulchers, skidders, track and wheel harvesters, and woodchippers.