StockNews.com began coverage on shares of Carver Bancorp (NASDAQ:CARV – Free Report) in a research report sent to investors on Friday. The firm issued a sell rating on the savings and loans company’s stock.
Carver Bancorp Price Performance
Shares of NASDAQ:CARV opened at $1.69 on Friday. Carver Bancorp has a 1 year low of $1.26 and a 1 year 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’s 50-day moving average is $1.84 and its two-hundred day moving average is $1.77.
Carver Bancorp (NASDAQ:CARV – Get Free Report) last announced its earnings results on Wednesday, August 14th. The savings and loans company reported ($0.43) earnings per share for the quarter. The business had revenue of $6.21 million for 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.
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