J. W. Mays (NASDAQ:MAYS) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

J. W. Mays, Inc. (NASDAQ:MAYS) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $41.65 and traded as low as $38.00. J. W. Mays shares last traded at $39.14, with a volume of 1,511 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of J. W. Mays in a research report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

J. W. Mays Stock Up 0.9%

The company has a debt-to-equity ratio of 0.14, a current ratio of 2.36 and a quick ratio of 2.36. The company has a fifty day moving average price of $40.60 and a 200 day moving average price of $41.65. The company has a market cap of $79.06 million, a PE ratio of -67.48 and a beta of 0.16.

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

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.