Wajax Co. (TSE:WJX - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$20.27 and traded as high as C$22.85. Wajax shares last traded at C$22.56, with a volume of 21,718 shares trading hands.
Wall Street Analyst Weigh In
A number of research firms have weighed in on WJX. National Bankshares lowered their target price on Wajax from C$22.00 to C$20.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 9th. BMO Capital Markets raised their price objective on shares of Wajax from C$20.00 to C$22.00 in a report on Tuesday, May 6th. Scotiabank boosted their target price on shares of Wajax from C$22.00 to C$23.50 and gave the company a "sector perform" rating in a research report on Wednesday, May 7th. Finally, TD Securities downgraded shares of Wajax from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th.
Read Our Latest Research Report on WJX
Wajax Trading Up 2.1%
The stock has a market capitalization of C$503.97 million, a PE ratio of 9.45, a PEG ratio of 0.50 and a beta of 1.80. The stock's 50 day moving average price is C$19.79 and its 200-day moving average price is C$20.27. The company has a quick ratio of 0.71, a current ratio of 2.10 and a debt-to-equity ratio of 116.61.
About Wajax
(
Get Free Report)
Wajax Corp is a Canadian distributor of industrial components. The company's core business is the sale of parts and service support of equipment, power systems, and industrial components through a network of branches in Canada. Most of its revenue is generated from the sale of equipment which includes machinery and components used for construction purposes and its industrial components find utility in businesses like mining, forestry, and material handling for other industrial purposes.
Featured Stories
Before you consider Wajax, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wajax wasn't on the list.
While Wajax currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
