Wajax (WJX) Scheduled to Post Earnings on Thursday

Wajax (TSE:WJX) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, August 8th.

Wajax Stock Down 1.4 %

Shares of WJX traded down C$0.36 during mid-day trading on Tuesday, hitting C$25.45. The company’s stock had a trading volume of 29,933 shares, compared to its average volume of 34,248. The firm has a market capitalization of C$552.27 million, a price-to-earnings ratio of 7.35, a PEG ratio of 0.50 and a beta of 1.81. The company’s 50-day moving average is C$25.94 and its 200-day moving average is C$29.54. The company has a current ratio of 1.91, a quick ratio of 0.71 and a debt-to-equity ratio of 107.15. Wajax has a 52-week low of C$24.85 and a 52-week high of C$34.96.

Analyst Upgrades and Downgrades

WJX has been the topic of a number of recent analyst reports. TD Securities cut their price target on shares of Wajax from C$37.00 to C$34.00 and set a “buy” rating on the stock in a research note on Monday, May 6th. Scotiabank dropped their target price on Wajax from C$37.00 to C$35.00 and set an “outperform” rating on the stock in a research report on Friday, May 3rd. Finally, BMO Capital Markets cut their price target on shares of Wajax from C$32.00 to C$30.00 in a report on Wednesday, July 24th.

About Wajax

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.