Carver Bancorp (NASDAQ:CARV) Coverage Initiated by Analysts at StockNews.com

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

Carver Bancorp Stock Performance

CARV opened at $1.80 on Monday. The stock has a market cap of $9.19 million, a P/E ratio of -2.17 and a beta of 1.13. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.03 and a quick ratio of 1.03. The stock’s 50 day simple moving average is $1.80 and its 200 day simple moving average is $1.82. Carver Bancorp has a 1-year low of $1.26 and a 1-year high of $2.39.

Insider Buying and Selling

In related news, CEO Donald Felix bought 26,946 shares of the stock in a transaction on 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 acquisition, the chief executive officer now owns 26,946 shares in the company, valued at $44,999.82. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.32% 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.