J. W. Mays (NASDAQ:MAYS) Share Price Crosses Below 50 Day Moving Average – Here’s Why

J. W. Mays, Inc. (NASDAQ:MAYS)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $41.19 and traded as low as $38.00. J. W. Mays shares last traded at $38.44, with a volume of 595 shares.

Analyst Upgrades and Downgrades

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

J. W. Mays Stock Up 3.3%

The firm has a fifty day moving average price of $41.14 and a 200 day moving average price of $41.64. 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 $80.24 million, a P/E ratio of -68.62 and a beta of 0.18.

J. W. Mays (NASDAQ:MAYS) last released its quarterly earnings results on Thursday, June 11th. The financial services provider reported ($0.11) earnings per share (EPS) for the quarter. The business 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%.

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.