WAM Research (ASX:WAX) Trading 1% Higher

WAM Research Limited (ASX:WAX) traded up 1% during trading on Monday . The stock traded as high as A$1.45 ($1.03) and last traded at A$1.45 ($1.03), 117,639 shares traded hands during mid-day trading. The stock had previously closed at A$1.44 ($1.02).

The firm has a 50 day simple moving average of A$1.43 and a 200 day simple moving average of A$1.38. The firm has a market cap of $276.82 million and a P/E ratio of 161.11.

WAM Research Company Profile (ASX:WAX)

WAM Research Limited is a closed-ended equity mutual fund launched and managed by MAM Pty Limited. The fund invests in public equity markets of Australia. It makes its investments in companies primarily engaged in the industrial sector. The fund invests in value and growth stocks of small to medium-cap companies.

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