Carver Bancorp (NASDAQ:CARV) Earns Sell Rating from Analysts at StockNews.com

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

Carver Bancorp Stock Performance

Shares of CARV stock opened at $1.81 on Monday. 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 one year low of $1.26 and a one year high of $2.39. The company has a 50 day moving average price of $1.80 and a 200 day moving average price of $1.82. The firm has a market capitalization of $9.25 million, a price-to-earnings ratio of -2.18 and a beta of 1.13.

Insiders Place Their Bets

In other news, CEO Donald Felix bought 26,946 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was acquired at an average cost of $1.67 per share, for a total transaction of $44,999.82. Following the completion of the purchase, the chief executive officer now owns 26,946 shares of the company’s stock, valued at $44,999.82. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.32% of the stock is owned by insiders.

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.