Wajax Corp (TSE:WJX) declared a quarterly dividend on Monday, November 4th, Zacks reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.25 per share on Friday, January 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date of this dividend is Friday, December 13th.
WJX stock traded up C$0.41 during mid-day trading on Thursday, reaching C$14.62. 57,700 shares of the stock traded hands, compared to its average volume of 46,672. The business has a 50-day moving average price of C$14.71 and a two-hundred day moving average price of C$15.41. The stock has a market capitalization of $292.46 million and a PE ratio of 8.90. The company has a debt-to-equity ratio of 130.07, a quick ratio of 0.79 and a current ratio of 2.36. Wajax has a one year low of C$13.98 and a one year high of C$19.95.
Wajax (TSE:WJX) last announced its quarterly earnings data on Monday, November 4th. The company reported C$0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.49 by C$0.03. The firm had revenue of C$365.10 million during the quarter. On average, equities analysts expect that Wajax will post 2.1800001 earnings per share for the current fiscal year.
Several research analysts recently issued reports on WJX shares. Raymond James reissued a “market perform” rating and issued a C$16.50 price objective on shares of Wajax in a research note on Wednesday, November 6th. TD Securities decreased their target price on Wajax from C$21.00 to C$20.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Finally, Royal Bank of Canada dropped their price target on Wajax from C$24.00 to C$22.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th.
About Wajax
Wajax Corporation, an integrated distribution company, provides sales, parts, and services to transportation, forestry, industrial and commercial, construction, oil sands, mining, metal processing, government, utilities, and oil and gas sectors. The company provides construction, material-handling, crane and utility, forestry, and mining and oil sands equipment.
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