J. W. Mays, Inc. (NASDAQ:MAYS) Sees Significant Drop in Short Interest

J. W. Mays, Inc. (NASDAQ:MAYS) was the recipient of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 917 shares, a decline of 14.6% from the February 26th total of 1,074 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 1,976 shares, the short-interest ratio is presently 0.5 days.

Analyst Ratings Changes

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

J. W. Mays Stock Up 2.3%

MAYS opened at $40.71 on Thursday. J. W. Mays has a fifty-two week low of $32.32 and a fifty-two week high of $61.99. The stock has a fifty day moving average of $43.32 and a 200-day moving average of $40.49. The company has a market capitalization of $82.22 million, a P/E ratio of -94.66 and a beta of 0.16. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.65 and a current ratio of 1.65.

J. W. Mays (NASDAQ:MAYS) last posted its quarterly earnings data on Thursday, March 12th. The financial services provider reported ($0.25) earnings per share for the quarter. J. W. Mays had a negative return on equity of 1.62% and a negative net margin of 3.90%.The firm had revenue of $5.21 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.