Broadway Financial (NASDAQ:BYFC) Earns Sell Rating from Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of Broadway Financial (NASDAQ:BYFC) in a report issued on Monday. The firm set a “sell” rating on the savings and loans company’s stock.

Broadway Financial Stock Up 1.0 %

Broadway Financial stock opened at $7.63 on Monday. The company has a quick ratio of 0.14, a current ratio of 1.38 and a debt-to-equity ratio of 2.26. The company has a market capitalization of $69.46 million, a PE ratio of 190.67 and a beta of 0.73. The firm’s fifty day moving average is $7.39 and its 200 day moving average is $6.78. Broadway Financial has a 12-month low of $4.41 and a 12-month high of $9.46.

Broadway Financial (NASDAQ:BYFC) last announced its quarterly earnings data on Monday, January 27th. The savings and loans company reported $0.06 earnings per share for the quarter. Broadway Financial had a net margin of 3.02% and a return on equity of 1.44%.

Institutional Investors Weigh In On Broadway Financial

An institutional investor recently raised its position in Broadway Financial stock. Wittenberg Investment Management Inc. boosted its holdings in shares of Broadway Financial Co. (NASDAQ:BYFC) by 12.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,117 shares of the savings and loans company’s stock after buying an additional 5,566 shares during the period. Wittenberg Investment Management Inc. owned approximately 0.56% of Broadway Financial worth $329,000 as of its most recent SEC filing. 12.12% of the stock is owned by institutional investors.

Broadway Financial Company Profile

Broadway Financial Corporation operates as the holding company for City First Bank, National Association that provides various banking products and services in the United States. It accepts various deposit accounts, including savings accounts, checking accounts, interest checking accounts, money market accounts, and fixed-term certificates of deposit.