Carver Bancorp (NASDAQ:CARV) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research report report published on Wednesday. The brokerage issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Price Performance

CARV stock opened at $1.74 on Wednesday. The stock has a market capitalization of $8.89 million, a price-to-earnings ratio of -2.10 and a beta of 1.13. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.11. Carver Bancorp has a 52-week low of $1.26 and a 52-week high of $2.39. The stock’s fifty day simple moving average is $1.82 and its 200-day simple moving average is $1.83.

Insider Buying and Selling

In other news, CEO Donald Felix acquired 26,946 shares of the stock in a transaction on Monday, November 25th. The stock was bought at an average price of $1.67 per share, with a total value of $44,999.82. Following the completion of the transaction, the chief executive officer now directly 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 legal filing with the SEC, which can be accessed through the SEC website. 1.32% of the stock is 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.