J. W. Mays (NASDAQ:MAYS) Share Price Crosses Below 200-Day Moving Average – Here’s Why

J. W. Mays, Inc. (NASDAQ:MAYS)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $41.70 and traded as low as $40.73. J. W. Mays shares last traded at $41.80, with a volume of 254 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of J. W. Mays in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, J. W. Mays presently has a consensus rating of “Sell”.

J. W. Mays Stock Performance

The company has a market cap of $84.25 million, a PE ratio of -71.91 and a beta of 0.16. The firm’s fifty day moving average is $40.36 and its 200 day moving average is $41.70. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.14.

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