StockNews.com Begins Coverage on Carver Bancorp (NASDAQ:CARV)

Analysts at StockNews.com started coverage on shares of Carver Bancorp (NASDAQ:CARVGet Free Report) in a research report issued on Saturday. The brokerage set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Price Performance

CARV stock opened at $1.84 on Friday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.03 and a current ratio of 1.03. Carver Bancorp has a 52-week low of $1.26 and a 52-week high of $2.39. The company has a market capitalization of $9.40 million, a P/E ratio of -2.22 and a beta of 1.13. The company has a fifty day moving average price of $1.78 and a 200-day moving average price of $1.78.

Insider Buying and Selling at Carver Bancorp

In other news, CEO Donald Felix purchased 26,946 shares of the stock in a transaction on Monday, November 25th. The stock was purchased at an average price of $1.67 per share, for a total transaction of $44,999.82. Following the acquisition, the chief executive officer now owns 26,946 shares in the company, valued at $44,999.82. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.32% of the company’s stock.

Carver Bancorp Company Profile

(Get Free Report)

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.

Further Reading

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