StockNews.com Begins Coverage on Carver Bancorp (NASDAQ:CARV)

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

Carver Bancorp Stock Performance

Shares of CARV stock opened at $1.67 on Monday. Carver Bancorp has a 12 month low of $1.26 and a 12 month high of $2.39. The firm has a market capitalization of $8.53 million, a PE ratio of -2.01 and a beta of 1.11. The firm has a fifty day simple moving average of $1.77 and a two-hundred day simple moving average of $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.

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.