J. W. Mays (NASDAQ:MAYS) Shares Pass Above 50 Day Moving Average – Here’s Why

J. W. Mays, Inc. (NASDAQ:MAYS)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $41.26 and traded as high as $42.20. J. W. Mays shares last traded at $42.9180, with a volume of 320 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued 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.com, the stock presently has a consensus rating of “Sell”.

J. W. Mays Stock Up 2.1%

The business has a fifty day simple moving average of $41.26 and a 200 day simple moving average of $41.23. The firm has a market cap of $86.52 million, a price-to-earnings ratio of -99.81 and a beta of 0.17. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.65 and a quick ratio of 1.65.

J. W. Mays (NASDAQ:MAYS) last announced its earnings results on Thursday, March 12th. The financial services provider reported ($0.25) 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 firm had revenue of $5.21 million for the quarter.

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.