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

StockNews.com assumed coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research report sent to investors on Thursday. The firm issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Stock Performance

Shares of CARV stock opened at $1.86 on Thursday. The firm has a 50 day moving average of $1.74 and a 200-day moving average of $1.78. The company has a market cap of $9.50 million, a price-to-earnings ratio of -2.24 and a beta of 1.12. 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.

Insider Buying and Selling at Carver Bancorp

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 purchased at an average price of $1.67 per share, for a total transaction of $44,999.82. Following the completion of the acquisition, the chief executive officer now directly owns 26,946 shares in the company, valued at $44,999.82. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 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.