Carver Bancorp (NASDAQ:CARV) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARV) in a note issued to investors on Saturday. The brokerage set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Stock Down 2.6 %

Carver Bancorp stock opened at $1.68 on Friday. Carver Bancorp has a fifty-two week low of $1.26 and a fifty-two week high of $2.39. The firm has a market capitalization of $8.56 million, a price-to-earnings ratio of -0.87 and a beta of 1.13. The stock’s fifty day moving average is $1.80 and its two-hundred day moving average is $1.81. The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.03 and a current ratio of 1.03.

Carver Bancorp (NASDAQ:CARV) last released its quarterly earnings data on Thursday, February 13th. The savings and loans company reported ($1.09) EPS for the quarter. Carver Bancorp had a negative return on equity of 59.15% and a negative net margin of 24.99%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Carver Bancorp stock. Cantor Fitzgerald L. P. purchased a new position in shares of Carver Bancorp, Inc. (NASDAQ:CARV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 34,657 shares of the savings and loans company’s stock, valued at approximately $64,000. Cantor Fitzgerald L. P. owned approximately 0.68% of Carver Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 18.20% of the company’s stock.

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.