J. W. Mays (NASDAQ:MAYS) Share Price Crosses Above 50-Day Moving Average – What’s Next?

J. W. Mays, Inc. (NASDAQ:MAYS) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $42.01 and traded as high as $42.72. J. W. Mays shares last traded at $42.54, with a volume of 239 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of J. W. Mays in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

J. W. Mays Price Performance

The firm’s 50-day moving average price is $42.01 and its two-hundred day moving average price is $40.85. The stock has a market cap of $85.93 million, a PE ratio of -98.93 and a beta of 0.16. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.08.

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