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

StockNews.com began coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research report issued to clients and investors on Sunday. The firm set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Price Performance

Carver Bancorp stock opened at $1.81 on Friday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.03 and a current ratio of 1.03. Carver Bancorp has a 52 week low of $1.26 and a 52 week high of $2.39. The stock has a market capitalization of $9.25 million, a P/E ratio of -2.18 and a beta of 1.13. The stock has a fifty day moving average of $1.79 and a 200-day moving average of $1.80.

Insider Transactions at Carver Bancorp

In other news, CEO Donald Felix purchased 26,946 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was bought at an average cost of $1.67 per share, for a total transaction of $44,999.82. Following the purchase, the chief executive officer now owns 26,946 shares of the company’s stock, valued at approximately $44,999.82. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.32% of the company’s stock.

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.