Carver Bancorp (NASDAQ:CARV) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARV) in a report published on Monday. The brokerage issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Stock Up 1.3 %

Shares of CARV opened at $1.90 on Monday. The business’s fifty day moving average price is $1.93 and its two-hundred day moving average price is $1.74. The firm has a market capitalization of $9.47 million, a price-to-earnings ratio of -1.90 and a beta of 1.09. Carver Bancorp has a 52 week low of $1.15 and a 52 week high of $2.39. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.05 and a current ratio of 1.05.

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

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.