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

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

Carver Bancorp Price Performance

Carver Bancorp stock opened at $2.05 on Friday. Carver Bancorp has a 12-month low of $1.15 and a 12-month high of $2.39. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 2.66. The firm has a 50-day moving average price of $1.90 and a 200-day moving average price of $1.72. The firm has a market capitalization of $10.22 million, a PE ratio of -2.05 and a beta of 1.09.

Carver Bancorp (NASDAQ:CARV) last announced its quarterly earnings data on Wednesday, August 14th. The savings and loans company reported ($0.43) earnings per share (EPS) for the quarter. The firm had revenue of $6.21 million during the quarter. Carver Bancorp had a negative return on equity of 20.02% and a negative net margin of 8.95%.

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.