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

Stock analysts at StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARV) in a note issued to investors on Sunday. The brokerage set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Stock Performance

Shares of Carver Bancorp stock opened at $1.81 on Friday. The stock has a market cap of $9.25 million, a price-to-earnings ratio of -2.18 and a beta of 1.13. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.11. Carver Bancorp has a twelve month low of $1.26 and a twelve month high of $2.39. The company’s fifty day moving average is $1.79 and its 200 day moving average is $1.80.

Insider Activity

In other Carver Bancorp news, CEO Donald Felix purchased 26,946 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was purchased at an average cost 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 approximately $44,999.82. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.32% of the company’s stock.

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.