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

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

Carver Bancorp Stock Performance

Shares of CARV stock opened at $1.87 on Friday. The stock’s 50-day moving average is $1.76 and its two-hundred day moving average is $1.78. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.03 and a current ratio of 1.03. Carver Bancorp has a 1 year low of $1.26 and a 1 year high of $2.39. The firm has a market cap of $9.56 million, a price-to-earnings ratio of -2.25 and a beta of 1.12.

Insiders Place Their Bets

In other news, CEO Donald Felix acquired 26,946 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was acquired 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 of the company’s stock, valued at $44,999.82. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.32% of the stock is currently owned by corporate 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.