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

Equities researchers at StockNews.com assumed coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research note issued to investors on Monday. The firm set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Price Performance

Shares of NASDAQ:CARV opened at $1.83 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.11. The firm has a market capitalization of $9.35 million, a PE ratio of -2.20 and a beta of 1.13. Carver Bancorp has a twelve month low of $1.26 and a twelve month high of $2.39. The company has a 50-day moving average price of $1.80 and a two-hundred day moving average price of $1.81.

Insider Activity at Carver Bancorp

In other news, CEO Donald Felix bought 26,946 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were purchased at an average price of $1.67 per share, for a total transaction of $44,999.82. Following the completion of the acquisition, the chief executive officer now owns 26,946 shares of the company’s stock, valued at approximately $44,999.82. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.32% of the stock is currently 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.