Wajax (WJXFF) Expected to Announce Quarterly Earnings on Monday

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

Wajax Stock Performance

WJXFF stock opened at $23.22 on Friday. Wajax has a 1-year low of $11.15 and a 1-year high of $23.22. The business has a 50 day simple moving average of $20.93 and a two-hundred day simple moving average of $19.01.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on WJXFF shares. Scotiabank reaffirmed a “sector perform” rating on shares of Wajax in a research note on Thursday, January 29th. National Bank Financial restated a “sector perform” rating on shares of Wajax in a research report on Tuesday, November 4th. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

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.