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

Research analysts at StockNews.com started coverage on shares of Carver Bancorp (NASDAQ:CARV) in a report 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 $1.55 on Friday. The stock has a market cap of $7.91 million, a P/E ratio of -0.81 and a beta of 1.12. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 3.63. The business’s 50-day moving average price is $1.76 and its two-hundred day moving average price is $1.80. Carver Bancorp has a twelve month low of $1.26 and a twelve month high of $2.39.

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

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 disclosure with the Securities and Exchange Commission (SEC). The fund purchased 34,657 shares of the savings and loans company’s stock, valued at approximately $64,000. Cantor Fitzgerald L. P. owned about 0.68% of Carver Bancorp as of its most recent SEC filing. Hedge funds and other institutional investors own 18.20% of the company’s stock.

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.