Carver Bancorp (NASDAQ:CARV) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARV) in a report issued on Thursday. The firm set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Stock Performance

CARV opened at $1.68 on Thursday. Carver Bancorp has a 52-week low of $1.15 and a 52-week high of $2.39. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 2.66. The company has a market cap of $8.38 million, a P/E ratio of -1.68 and a beta of 1.09. The firm’s 50-day moving average price is $1.87 and its 200-day moving average price is $1.75.

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

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.