StockNews.com Begins Coverage on Carver Bancorp (NASDAQ:CARV)

Research analysts at StockNews.com assumed coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research report issued to clients and investors on Tuesday. The brokerage set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Price Performance

Carver Bancorp stock opened at $1.82 on Tuesday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $9.30 million, a price-to-earnings ratio of -2.19 and a beta of 1.12. The company’s 50 day simple moving average is $1.75 and its 200-day simple moving average is $1.78. Carver Bancorp has a 1 year low of $1.26 and a 1 year high of $2.39.

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.