Wajax (OTCMKTS:WJXFF) Shares Down 3.7% – What’s Next?

Wajax Co. (OTCMKTS:WJXFF) shares traded down 3.7% during trading on Monday . The stock traded as low as $23.54 and last traded at $23.54. 135 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 1,101 shares. The stock had previously closed at $24.45.

Analyst Upgrades and Downgrades

Separately, Scotiabank reiterated a “sector perform” rating on shares of Wajax in a report on Thursday, January 29th. Four investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Wajax Trading Down 3.7%

The business has a fifty day moving average price of $21.83 and a 200 day moving average price of $19.62.

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.