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

StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARV) in a report issued on Sunday. The brokerage issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Stock Performance

NASDAQ CARV opened at $1.84 on Friday. The firm has a 50-day moving average price of $1.79 and a two-hundred day moving average price of $1.79. 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 P/E ratio of -2.22 and a beta of 1.13. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.11.

Insider Activity at Carver Bancorp

In other news, CEO Donald Felix acquired 26,946 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was acquired at an average price of $1.67 per share, with a total value 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. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.32% of the stock is currently owned by corporate insiders.

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.