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

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

Carver Bancorp Stock Performance

CARV opened at $1.87 on Friday. The stock’s 50 day simple moving average is $1.76 and its 200-day simple moving average is $1.78. 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 stock has a market cap of $9.56 million, a PE ratio of -2.25 and a beta of 1.12. Carver Bancorp has a 1 year low of $1.26 and a 1 year high of $2.39.

Insider Activity

In related news, CEO Donald Felix acquired 26,946 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were bought 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. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available 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.