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

StockNews.com started coverage on shares of Carver Bancorp (NASDAQ:CARV) in a report issued on Tuesday morning. 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 $1.79 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.11. Carver Bancorp has a 12 month low of $1.26 and a 12 month high of $2.39. The stock has a 50 day moving average of $1.82 and a 200 day moving average of $1.83. The firm has a market cap of $9.15 million, a PE ratio of -2.16 and a beta of 1.13.

Insider Transactions at Carver Bancorp

In other news, CEO Donald Felix bought 26,946 shares of the stock in a transaction dated Monday, November 25th. The stock was purchased at an average price 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 of the company’s stock, valued at $44,999.82. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company 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.