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

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

Carver Bancorp Stock Performance

Shares of Carver Bancorp stock opened at $1.71 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.11. The firm has a market capitalization of $8.72 million, a P/E ratio of -2.06 and a beta of 1.13. The business has a fifty day simple moving average of $1.82 and a two-hundred day simple moving average of $1.83. Carver Bancorp has a 12 month low of $1.26 and a 12 month high of $2.39.

Insiders Place Their Bets

In related news, CEO Donald Felix purchased 26,946 shares of Carver Bancorp stock in a transaction dated Monday, November 25th. The stock was purchased at an average cost 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 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 SEC, which can be accessed through this hyperlink. Corporate 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.