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

J. W. Mays, Inc. (NASDAQ:MAYS) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $38.98 and traded as high as $39.53. J. W. Mays shares last traded at $39.17, with a volume of 2,382 shares changing hands.

Analysts Set New Price Targets

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, J. W. Mays has a consensus rating of “Sell”.

J. W. Mays Stock Down 0.7%

The firm’s 50-day moving average price is $38.98 and its 200-day moving average price is $39.02. The company has a market cap of $78.97 million, a price-to-earnings ratio of -489.56 and a beta of -0.04. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.98 and a quick ratio of 1.98.

About J. W. Mays

J.W. Mays, Inc owns, operates, and leases commercial real estate properties in United States. The company's properties are located in Brooklyn, Jamaica, Fishkill, Levittown, and Massapequa of New York; and Circleville of Ohio. The company was founded in 1924 and is based in Brooklyn, New York.