J. W. Mays (NASDAQ:MAYS) Stock Crosses Above 200-Day Moving Average - What's Next?

Key Points

• J. W. Mays shares crossed above their 200-day moving average, reaching $43.10 and last trading at $43.2650, compared with a 200-day average of $41.29.
• Analyst sentiment remains negative: Weiss Ratings reiterated a “sell (D-)” rating, and the stock has an average rating of “Sell” from the one analyst covering it.
• The company reported a quarterly loss of $0.17 per share on $5.32 million in revenue, alongside a negative net margin of 6.64% and negative return on equity of 2.70%.

Shares of J. W. Mays, Inc. (NASDAQ:MAYS - Get Free Report) crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $41.29 and traded as high as $43.10. J. W. Mays shares last traded at $43.2650, with a volume of 1,161 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of J. W. Mays in a research note on Thursday, October 15th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has an average rating of "Sell".

J. W. Mays Stock Performance

The firm has a market cap of $87.40 million, a PE ratio of -61.81 and a beta of 0.20. The business has a 50-day simple moving average of $40.66 and a 200 day simple moving average of $41.29. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.64 and a quick ratio of 1.64.

J. W. Mays (NASDAQ:MAYS - Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The financial services provider reported ($0.17) earnings per share for the quarter. J. W. Mays had a negative net margin of 6.64% and a negative return on equity of 2.70%. The firm had revenue of $5.32 million for the quarter.

J. W. Mays Company Profile

J. W. Mays, Inc is a real estate company based in Brooklyn, New York. The company's principal business is owning, leasing and managing commercial real estate properties, with an emphasis on retail and other income-producing properties.

The company traces its history to the J. W. Mays department store business, which operated in the New York metropolitan area. Although its retail operations were discontinued, J. W. Mays continues to hold and manage real estate assets, primarily in the New York City region.

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