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

J. W. Mays, Inc. (NASDAQ:MAYS)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $42.56 and traded as high as $46.35. J. W. Mays shares last traded at $46.35, with a volume of 847 shares.

Analyst Ratings Changes

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

J. W. Mays Trading Down 1.4%

The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.54 and a current ratio of 2.54. The company has a market capitalization of $93.63 million, a P/E ratio of -178.27 and a beta of 0.06. The company’s fifty day simple moving average is $42.56 and its 200-day simple moving average is $40.14.

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.