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

Investment analysts at StockNews.com assumed coverage on shares of Carver Bancorp (NASDAQ:CARVGet Free Report) in a research note issued on Sunday. The firm set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Stock Performance

NASDAQ CARV opened at $1.84 on Friday. The business’s 50-day moving average price is $1.79 and its 200 day moving average price is $1.79. Carver Bancorp has a twelve month low of $1.26 and a twelve month high of $2.39. The company has a market capitalization of $9.40 million, a PE ratio of -2.22 and a beta of 1.13. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.11.

Insiders Place Their Bets

In other Carver Bancorp news, CEO Donald Felix acquired 26,946 shares of the stock in a transaction on Monday, November 25th. The stock was purchased at an average price of $1.67 per share, for a total transaction of $44,999.82. Following the purchase, the chief executive officer now directly owns 26,946 shares in the company, valued at $44,999.82. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.32% of the stock is currently owned by insiders.

Carver Bancorp Company Profile

(Get Free Report)

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.

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