J. W. Mays (NASDAQ:MAYS) Shares Cross Above 50-Day Moving Average – Here’s What Happened

J. W. Mays, Inc. (NASDAQ:MAYS)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $41.66 and traded as high as $46.77. J. W. Mays shares last traded at $44.01, with a volume of 4,889 shares changing hands.

Analysts Set New Price Targets

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

J. W. Mays Stock Performance

The business’s fifty day simple moving average is $41.95 and its 200-day simple moving average is $39.91. The firm has a market cap of $90.90 million, a P/E ratio of -173.08 and a beta of 0.06. The company has a current ratio of 2.54, a quick ratio of 2.54 and a debt-to-equity ratio of 0.08.

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.