J. W. Mays (NASDAQ:MAYS) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

J. W. Mays, Inc. (NASDAQ:MAYS)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $41.72 and traded as low as $39.44. J. W. Mays shares last traded at $40.23, with a volume of 52,717 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of J. W. Mays in a report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, J. W. Mays has a consensus rating of “Sell”.

J. W. Mays Price Performance

The business’s 50 day moving average price is $41.72 and its 200-day moving average price is $41.57. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.14. The company has a market cap of $81.26 million, a PE ratio of -69.36 and a beta of 0.17.

J. W. Mays (NASDAQ:MAYS) last announced its earnings results on Thursday, June 11th. The financial services provider reported ($0.11) earnings per share for the quarter. The firm had revenue of $5.31 million during the quarter. J. W. Mays had a negative net margin of 5.37% and a negative return on equity of 2.21%.

J. W. Mays Company Profile

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.