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

J. W. Mays, Inc. (NASDAQ:MAYS)’s stock price passed 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.

Analyst Ratings Changes

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, According to data from MarketBeat.com, the company has an average rating of “Sell”.

J. W. Mays Stock Up 2.1%

The company has a market cap of $86.52 million, a PE ratio of -99.81 and a beta of 0.17. The business has a 50-day simple moving average of $41.26 and a 200-day simple moving average of $41.23. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.08.

J. W. Mays (NASDAQ:MAYS) last issued its quarterly earnings results on Thursday, March 12th. The financial services provider reported ($0.25) earnings per share (EPS) for the quarter. The business had revenue of $5.21 million for the quarter. J. W. Mays had a negative return on equity of 1.62% and a negative net margin of 3.90%.

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.