J. W. Mays (NASDAQ:MAYS) Shares Pass Above Fifty Day Moving Average – Time to Sell?

J. W. Mays, Inc. (NASDAQ:MAYS) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $38.90 and traded as high as $40.00. J. W. Mays shares last traded at $39.3040, with a volume of 174 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of J. W. Mays in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, J. W. Mays has an average rating of “Sell”.

J. W. Mays Trading Down 1.7%

The firm has a fifty day moving average of $38.90 and a 200 day moving average of $38.82. The firm has a market capitalization of $79.39 million, a PE ratio of -151.17 and a beta of 0.04. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.16 and a current ratio of 2.54.

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.