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

Analysts at StockNews.com started coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research report issued to clients and investors on Sunday. The firm set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Trading Down 1.3 %

Shares of NASDAQ CARV opened at $1.84 on Friday. The stock’s 50 day simple moving average is $1.79 and its 200 day simple moving average is $1.79. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.11. The company has a market cap of $9.40 million, a price-to-earnings ratio of -2.22 and a beta of 1.13. Carver Bancorp has a 12-month low of $1.26 and a 12-month high of $2.39.

Insider Buying and Selling at Carver Bancorp

In other Carver Bancorp news, CEO Donald Felix bought 26,946 shares of the business’s stock in a transaction on Monday, November 25th. The shares were purchased at an average price of $1.67 per share, with a total value of $44,999.82. Following the purchase, the chief executive officer now directly owns 26,946 shares of the company’s stock, valued at approximately $44,999.82. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 1.32% of the stock is 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.