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

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

Carver Bancorp Stock Down 2.6 %

Shares of NASDAQ CARV opened at $1.84 on Friday. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.03 and a quick ratio of 1.03. The firm’s 50-day moving average is $1.78 and its two-hundred day moving average is $1.78. Carver Bancorp has a 12-month low of $1.26 and a 12-month high of $2.39. The company has a market capitalization of $9.40 million, a PE ratio of -2.22 and a beta of 1.13.

Insiders Place Their Bets

In related news, CEO Donald Felix acquired 26,946 shares of Carver Bancorp stock in a transaction dated Monday, November 25th. The shares were acquired at an average cost of $1.67 per share, for a total transaction 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 filing with the SEC, which is available through this hyperlink. 1.32% of the stock is currently owned by company insiders.

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.