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

Investment analysts at StockNews.com began coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research note issued on Friday. The brokerage set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Price Performance

Carver Bancorp stock opened at $1.90 on Friday. The stock has a market cap of $9.68 million, a price-to-earnings ratio of -2.28 and a beta of 1.12. The firm has a 50-day moving average of $1.75 and a two-hundred day moving average of $1.78. Carver Bancorp has a 1 year low of $1.26 and a 1 year high of $2.39. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.03 and a quick ratio of 1.03.

Insiders Place Their Bets

In other Carver Bancorp news, CEO Donald Felix bought 26,946 shares of the company’s stock in a transaction on Monday, November 25th. The shares were bought 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 directly owns 26,946 shares in the company, valued at approximately $44,999.82. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.32% of the stock is currently owned by company insiders.

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.