J. W. Mays (NASDAQ:MAYS) Shares Cross Above Fifty Day Moving Average – Here’s Why

Shares of J. W. Mays, Inc. (NASDAQ:MAYS) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $41.17 and traded as high as $42.75. J. W. Mays shares last traded at $43.2740, with a volume of 1,745 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of J. W. Mays in a research note on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

J. W. Mays Stock Down 0.1%

The company has a market cap of $86.23 million, a PE ratio of -99.28 and a beta of 0.16. The stock’s 50 day moving average price is $41.16 and its 200-day moving average price is $41.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.65 and a current ratio of 1.65.

J. W. Mays (NASDAQ:MAYS) last announced its quarterly earnings data on Thursday, March 12th. The financial services provider reported ($0.25) earnings per share (EPS) for the quarter. J. W. Mays had a negative net margin of 3.90% and a negative return on equity of 1.62%. The business had revenue of $5.21 million during the quarter.

About J. W. Mays

J.W. Mays, Inc (NASDAQ: MAYS) is a New York–based real estate holding company that traces its roots to the department store chain founded by Joseph Wesley Mays in 1924. After winding down its retail operations in the early 1980s, the company redeployed its capital into property ownership, repositioning itself as a landlord and property manager focused on income‐producing real estate assets.

The company’s core business activities include acquisition, leasing and management of commercial, retail and multi-family residential properties.