Wajax Co. (OTCMKTS:WJXFF – Get Free Report) rose 9.4% on Monday. The company traded as high as $27.79 and last traded at $27.79. Approximately 29,526 shares traded hands during mid-day trading, an increase of 225% from the average daily volume of 9,096 shares. The stock had previously closed at $25.41.
Wall Street Analysts Forecast Growth
Separately, Stifel Nicolaus set a $45.00 price target on shares of Wajax in a research note on Monday, September 28th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $45.00.
Read Our Latest Analysis on Wajax
Wajax Price Performance
About Wajax
Wajax Corporation is a Canadian industrial products and services company that distributes equipment, parts and related support solutions to businesses across a range of industries. The company serves customers in sectors including natural resources, oil and gas, utilities, construction, manufacturing, transportation and municipal infrastructure.
Its offerings include power-generation and engine systems, mobile equipment, industrial components, hydraulics, pumps, bearings, mechanical power-transmission products, automation and control systems, and other specialized equipment.
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