J. W. Mays (NASDAQ:MAYS) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

J. W. Mays, Inc. (NASDAQ:MAYS) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 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 changing hands.

Analyst Upgrades and Downgrades

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

J. W. Mays Stock Down 1.7%

The stock’s 50-day moving average price is $38.90 and its 200-day moving average price is $38.82. The company has a current ratio of 2.54, a quick ratio of 2.16 and a debt-to-equity ratio of 0.08. The stock has a market cap of $79.39 million, a price-to-earnings ratio of -151.17 and a beta of 0.04.

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.