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

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

Carver Bancorp Stock Performance

NASDAQ:CARV opened at $1.66 on Wednesday. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a 50-day moving average of $1.89 and a two-hundred day moving average of $1.75. The stock has a market cap of $8.28 million, a P/E ratio of -1.66 and a beta of 1.09. Carver Bancorp has a 1-year low of $1.15 and a 1-year high of $2.39.

Carver Bancorp (NASDAQ:CARV) last issued its quarterly earnings results on Wednesday, August 14th. The savings and loans company reported ($0.43) EPS for the quarter. Carver Bancorp had a negative return on equity of 20.02% and a negative net margin of 8.95%. The company had revenue of $6.21 million for the quarter.

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.