Broadway Financial (NASDAQ:BYFC) Posts Earnings Results

Broadway Financial (NASDAQ:BYFC) posted its quarterly earnings results on Monday. The savings and loans company reported $0.06 EPS for the quarter, Zacks reports. Broadway Financial had a return on equity of 2.43% and a net margin of 5.01%.

Broadway Financial Trading Up 4.7 %

Shares of BYFC traded up $0.37 during trading on Monday, reaching $8.24. 1,843 shares of the company traded hands, compared to its average volume of 7,675. The company has a quick ratio of 0.14, a current ratio of 1.38 and a debt-to-equity ratio of 2.26. The stock has a market cap of $75.07 million, a PE ratio of 28.54 and a beta of 0.72. The stock has a 50-day simple moving average of $7.28 and a 200-day simple moving average of $6.64. Broadway Financial has a twelve month low of $4.41 and a twelve month high of $9.46.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Broadway Financial in a report on Sunday. They set a “sell” rating for the company.

About Broadway Financial

Broadway Financial Corporation operates as the holding company for City First Bank, National Association that provides various banking products and services in the United States. It accepts various deposit accounts, including savings accounts, checking accounts, interest checking accounts, money market accounts, and fixed-term certificates of deposit.