J. W. Mays (NASDAQ:MAYS) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

J. W. Mays, Inc. (NASDAQ:MAYS) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $41.72 and traded as low as $39.44. J. W. Mays shares last traded at $40.23, with a volume of 52,717 shares trading hands.

Analyst Upgrades and Downgrades

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

J. W. Mays Stock Down 0.5%

The firm’s 50-day moving average price is $41.69 and its 200-day moving average price is $41.56. The company has a market cap of $80.39 million, a price-to-earnings ratio of -68.62 and a beta of 0.17. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.36 and a quick ratio of 2.36.

J. W. Mays (NASDAQ:MAYS) last posted its earnings results on Thursday, June 11th. The financial services provider reported ($0.11) earnings per share for the quarter. J. W. Mays had a negative net margin of 5.37% and a negative return on equity of 2.21%. The business had revenue of $5.31 million for 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.