J. W. Mays (NASDAQ:MAYS) Shares Pass Below 50 Day Moving Average – What’s Next?

J. W. Mays, Inc. (NASDAQ:MAYS)’s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $39.44 and traded as low as $39.42. J. W. Mays shares last traded at $44.37, with a volume of 481 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of J. W. Mays in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, J. W. Mays presently has a consensus rating of “Sell”.

J. W. Mays Stock Performance

The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.54 and a current ratio of 2.54. The stock has a market cap of $89.63 million, a price-to-earnings ratio of -170.65 and a beta of 0.09. The firm’s 50-day moving average price is $39.44 and its two-hundred day moving average price is $39.07.

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.