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 research note issued on Monday. The firm set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Trading Up 2.1 %

CARV stock opened at $1.95 on Monday. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.05 and a quick ratio of 1.05. The company has a market capitalization of $9.72 million, a PE ratio of -1.95 and a beta of 1.09. The firm’s 50-day moving average is $1.94 and its 200 day moving average is $1.73. Carver Bancorp has a 12 month low of $1.15 and a 12 month high of $2.39.

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

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.