Carver Bancorp (NASDAQ:CARV) Now Covered by Analysts at StockNews.com

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

Carver Bancorp Trading Up 2.1 %

Shares of CARV stock opened at $1.95 on Monday. The company’s 50-day moving average price is $1.94 and its 200-day moving average price is $1.73. Carver Bancorp has a twelve month low of $1.15 and a twelve 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 stock has a market cap of $9.72 million, a price-to-earnings ratio of -1.95 and a beta of 1.09.

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

About Carver Bancorp

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.