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

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

Carver Bancorp Stock Down 2.5 %

CARV stock opened at $1.81 on Monday. The company has a market cap of $9.25 million, a P/E ratio of -2.18 and a beta of 1.13. Carver Bancorp has a 52 week low of $1.26 and a 52 week high of $2.39. The company’s 50-day moving average price is $1.80 and its 200 day moving average price is $1.82. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.11.

Insider Buying and Selling

In other Carver Bancorp news, CEO Donald Felix bought 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 completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.32% of the stock is owned by insiders.

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.