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

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

Carver Bancorp Stock Performance

CARV stock opened at $1.38 on Monday. The business has a 50 day moving average of $1.73 and a 200-day moving average of $1.78. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 3.63. Carver Bancorp has a 12-month low of $1.26 and a 12-month high of $2.39. The firm has a market cap of $7.05 million, a PE ratio of -0.72 and a beta of 1.12.

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

Hedge Funds Weigh In On Carver Bancorp

A hedge fund recently bought a new stake in Carver Bancorp stock. Cantor Fitzgerald L. P. bought a new stake in Carver Bancorp, Inc. (NASDAQ:CARV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 34,657 shares of the savings and loans company’s stock, valued at approximately $64,000. Cantor Fitzgerald L. P. owned 0.68% of Carver Bancorp as of its most recent SEC filing. 18.20% of the stock is owned by hedge funds and other institutional investors.

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.