Carver Bancorp (NASDAQ:CARV) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARV) 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 CARV opened at $1.87 on Friday. The firm has a fifty day simple moving average of $1.76 and a two-hundred day simple moving average of $1.77. The firm has a market cap of $9.56 million, a PE ratio of -2.25 and a beta of 1.12. 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 has a 1-year low of $1.26 and a 1-year high of $2.39.

Insider Transactions at Carver Bancorp

In related news, CEO Donald Felix purchased 26,946 shares of Carver Bancorp stock in a transaction on Monday, November 25th. The shares were bought at an average cost of $1.67 per share, for a total transaction of $44,999.82. Following the acquisition, the chief executive officer now owns 26,946 shares in the company, valued at approximately $44,999.82. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.32% of the stock is currently owned by company 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.