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

StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research report sent to investors on Friday morning. The brokerage issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Stock Performance

Shares of NASDAQ CARV opened at $1.87 on Friday. The business’s 50-day simple moving average is $1.76 and its 200-day simple moving average is $1.78. Carver Bancorp has a 52 week low of $1.26 and a 52 week high of $2.39. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $9.56 million, a price-to-earnings ratio of -2.25 and a beta of 1.12.

Insider Transactions at Carver Bancorp

In other Carver Bancorp news, CEO Donald Felix purchased 26,946 shares of the stock in a transaction dated Monday, November 25th. The shares were bought at an average cost of $1.67 per share, with a total value of $44,999.82. Following the completion of the transaction, the chief executive officer now owns 26,946 shares in the company, valued at $44,999.82. This trade represents a ? increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.32% of the stock is owned by corporate insiders.

Carver Bancorp Company Profile

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.