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

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

Carver Bancorp Stock Performance

NASDAQ CARV opened at $1.88 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 2.66. Carver Bancorp has a twelve month low of $1.26 and a twelve month high of $2.39. The business has a 50-day moving average price of $1.83 and a 200-day moving average price of $1.77. The firm has a market cap of $9.57 million, a price-to-earnings ratio of -2.50 and a beta of 1.11.

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

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.