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

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 trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of J. W. Mays in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

J. W. Mays Stock Performance

The company’s fifty day simple moving average is $38.90 and its two-hundred day simple moving average is $38.82. The company has a market capitalization of $79.39 million, a price-to-earnings 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.