Carver Bancorp (NASDAQ:CARV) Now Covered by Analysts at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of Carver Bancorp (NASDAQ:CARV) in a report issued on Friday. The firm set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Stock Down 3.4 %

Shares of CARV opened at $1.69 on Friday. The firm has a market cap of $8.64 million, a P/E ratio of -2.25 and a beta of 1.09. The stock has a 50 day simple moving average of $1.84 and a two-hundred day simple moving average of $1.77. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.05 and a quick ratio of 1.05. Carver Bancorp has a 1 year low of $1.26 and a 1 year high of $2.39.

Carver Bancorp (NASDAQ:CARV) last issued its earnings results on Wednesday, August 14th. The savings and loans company reported ($0.43) earnings per share (EPS) for the quarter. The firm had revenue of $6.21 million during the quarter. Carver Bancorp had a negative return on equity of 20.02% and a negative net margin of 8.95%.

About Carver Bancorp

Carver Bancorp, Inc operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York. It accepts various deposit products, including demand, savings, and time deposits; passbook and statement accounts, and certificates of deposit; and individual retirement accounts.