J.W. Mays (NASDAQ:MAYS) Shares Pass Above 50 Day Moving Average of $19.51

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J.W. Mays Inc (NASDAQ:MAYS)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $19.51 and traded as high as $22.60. J.W. Mays shares last traded at $22.60, with a volume of 2,406 shares changing hands.

The stock has a 50 day moving average of $19.57 and a 200-day moving average of $21.43. The firm has a market capitalization of $45.65 million, a P/E ratio of 322.90 and a beta of 0.02. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.26 and a current ratio of 0.26.

An institutional investor recently raised its position in J.W. Mays stock. UBS Group AG grew its stake in shares of J.W. Mays Inc (NASDAQ:MAYS) by 4,837.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,308 shares of the financial services provider’s stock after buying an additional 3,241 shares during the period. UBS Group AG owned 0.16% of J.W. Mays worth $70,000 at the end of the most recent reporting period. 3.13% of the stock is currently owned by institutional investors and hedge funds.

J.W. Mays Company Profile (NASDAQ:MAYS)

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

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