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

StockNews.com began coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research note published on Thursday morning. The firm issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Trading Up 2.2 %

CARV stock opened at $1.84 on Thursday. Carver Bancorp has a 12-month low of $1.26 and a 12-month high of $2.39. The business’s 50-day moving average is $1.74 and its 200 day moving average is $1.78. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.11. The stock has a market cap of $9.40 million, a price-to-earnings ratio of -2.22 and a beta of 1.12.

Insider Activity at Carver Bancorp

In other Carver Bancorp news, CEO Donald Felix acquired 26,946 shares of the business’s stock in a transaction on Monday, November 25th. The stock was bought at an average price 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 ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 1.32% of the stock is owned by corporate 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.