Carver Bancorp (NASDAQ:CARV) Earns Sell Rating from Analysts at StockNews.com

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

Carver Bancorp Price Performance

Shares of Carver Bancorp stock opened at $1.71 on Wednesday. The company has a market capitalization of $8.72 million, a price-to-earnings ratio of -2.06 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. The stock’s 50-day simple moving average is $1.82 and its 200-day simple moving average is $1.83. Carver Bancorp has a 52 week low of $1.26 and a 52 week high of $2.39.

Insiders Place Their Bets

In other Carver Bancorp news, CEO Donald Felix bought 26,946 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was purchased at an average cost of $1.67 per share, with a total value of $44,999.82. Following the completion of 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 position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.32% of the stock is currently 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.